Ahead of the Game - Actionable Business Insights from Entrepreneurs, Founders and Business Leaders KMT Partners

This is the seventh and final podcast, in a series of seven, where we interview our very own expert (and Managing Director), Michal Fox. To be successful in a multi-generational family business, sometimes it’s a matter of a conversation with somebody who's got a significant background in this area and having them on hand to assist you in dealing with diverse and complex scenarios. In this blog, we talk about having this type of person available to you as part of your family office.

In this podcast, we discuss investing outside of the traditional family business. This may sound like an oxymoron but, just as anyone working for or in a business, we want to pay off our house or into superannuation, so that we can prepare for future needs and build wealth. The same is true for aspirations of individual family members in a family business, with the added complication of being in a family business! They may have ambition to provide a future source of wealth, interest and challenge for future generations, so investing in another type of business or industry may become an option.
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This is the fifth blog, in a series of seven, where we talk about achieving succession and wealth for the next generation. In the interview with our Managing Director and resident family business expert, Michael Fox, he talks about aligned family values as the glue that secures proper governance in a family enterprise.

KMT is a leading accounting and wealth management advisory firm in South Australia, assisting you to emerge, renew, grow and build resilience in business, themes which are central to this podcast series. For more information visit www.kmtpartners.com.au Facebook: www.facebook.com/KMTpartner/ LinkedIn: www.linkedin.com/company/kmt-partners

This is the fourth blog, in a series of seven, where we talk about the family enterprise and, in particular, successfully managing succession from one generation to the next. We interview our Managing Director and family business expert, Michael Fox, who speaks about the gems in his recent paper, Riches to Rags in Three Generations. Whether you are a public company or a private enterprise, let alone a family-controlled private enterprise, the future relies on the financial horsepower and the values held by the overall organisation. These values and how they relate to the business and family can nurture every aspect of aspiration, from whether it's employment, ownership, or just being a family member. In this blog, we talk about keeping it together in a family enterprise.

KMT is a leading accounting and wealth management advisory firm in South Australia, assisting you to emerge, renew, grow and build resilience in business, themes which are central to this podcast series. For more information visit www.kmtpartners.com.au Facebook: www.facebook.com/KMTpartner/ LinkedIn: www.linkedin.com/company/kmt-partners

This is the third blog, in a series of seven, where we talk about family business succession, along with other issues, in running and managing a family enterprise. In this blog, we talk about conflict. Conflict is inherent in any business but, with a family business, there are also inherent complications. Are you creating foundations and living up to the next generation's social aspirations, and the social aspirations of the founding generation? How can you identify, prevent and manage conflict? All of this is extremely important, often for the extended family’s continued harmony, as well as the health of the business itself.

KMT is a leading accounting and wealth management advisory firm in South Australia, assisting you to emerge, renew, grow and build resilience in business, themes which are central to this podcast series. For more information visit www.kmtpartners.com.au
Facebook: www.facebook.com/KMTpartner/
LinkedIn: www.linkedin.com/company/kmt-partners

This is the second blog, in a series of seven, where we interview Michael Fox, our Managing Director, about the handover of a family business, from one generation to the next. In this blog, we talk about the challenge of transition, particularly how to do it to ensure business continuity.