The Queensland Government has been rolling out grants to aid small businesses by providing financial and professional assistance wherever needed. Our team at The Alternative Board helps small businesses with grant applications and proposals, as well as investment...
Family Business: Tips On How To Work With Your Spouse
It can seem a great idea to start a business venture with your spouse or significant other. It enables you to work together to a common goal, share interest and enjoy profits together. But it can also go wrong. Recently, Bill and Melinda Gates announced their...
How To Terminate A Family Member From The Family Business
Terminating an employee isn’t something business owners and CEOs relish. When the situation demands some drastic action, however, it’s necessary to follow through for the good of the business. The unpleasantness takes on an added dimension when the person being...
Tips On Effective Business Succession Planning
With many family businesses, the time to think about succession planning starts on day one. Succession planning is optimising a business for the owner to exit it. Daniel Wong, owner of TAB Brisbane Inner North guides business owners looking to create succession plans....
How To Solve Family Business Conflict Before It’s Out Of Control
Often in TAB board meetings, facilitators have heard comments like, "My sister wants to keep our company small and is fighting a controlled growth," or "Dad won't let go of the control," or "My brother and I are paid the same and he doesn't carry his weight." Family...
7 Tips To Consider For Family Businesses To Succeed
Many Australian small businesses have been started up within families. There are many benefits to owning a family business, but there are also some drawbacks. Often working with family members can cause problems in a business if not done correctly. We recently...
5 Questions To Answer Before Joining The Family Business
If you’re thinking of joining your family's business, there are some important questions to ask yourself before making a decision. TAB Facilitator/Coach, Phil Spensieri, shares business tips for deciding whether or not you should join the family business. His...
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