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Entrepreneurial and Small Business Operations

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Justin B. Craig

2014

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Full-Text Articles in Business

Family Business Wealth And Knowledge Transfer, Justin Craig, Keith Duncan, Frank Barbera, Manuel Eberhard, Marina Skinner Jul 2014

Family Business Wealth And Knowledge Transfer, Justin Craig, Keith Duncan, Frank Barbera, Manuel Eberhard, Marina Skinner

Justin B. Craig

“Knowledge transfer is the key to successful wealth transfer” After years of creating the building blocks to understand family businesses within the greater community, BDO has partnered with The Australian Centre for Family Business (ACFB) and Bond University to undertake an Australian-first report to understand the dynamics of wealth and knowledge transfer, and identify the key trends and issues that will enhance successful transitions within private businesses. This report examines the wealth and knowledge transfer intentions of 320 respondent businesses, the majority of which classified themselves as family businesses. This report will provide an insight into issues such as family-first …