Family Businesses

Tackling the unique challenges of family businesses

Around 70% of Australian businesses are family businesses, and around 64% of family businesses have fewer than 20 employers. Therefore, it’s no surprise that Carix has worked with a lot of family businesses.

Carix understands the issues faced by family businesses, and can provide a range of support including:

  • Providing an impartial sounding board for decision-making
  • Succession planning
  • Improving communication between family members
  • Gauging the level of interest in the business of potential successors
  • Creating a suitable ownership structure for the next generation
  • Defining roles and responsibilities, for family and non-family employees, that support the business goals
  • Identifying career paths and training needs
  • Developing and implementing a strategic plan for the business
  • Ensuring family members involved in the business are appropriately remunerated
  • Exploring options for securing capital
  • Acting as an intermediary between family members

Family businesses experience many similar challenges to other SMEs, but they also present their own unique challenges.

Other Carix Services

We provide a range of services tailored to your needs. Everything we do is aimed at making life easier for you.

Business Planning

We look at where your business is now, where you want to be, and what strategies will get you there.  We bring our experience to the planning process and tailor a plan that suits you.

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Recruitment

We can assist with staff recruitment, providing as much input as required.  Some clients choose to stay at arm’s length to the process while others want an impartial observer on the interview panel.

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Corporate Communication and Branding

SMEs don’t have the branding budgets of their larger competitors, but it’s still important you project a unified name, visual identity, and ‘personality’.

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Documentation

Do you struggle with finding the time to prepare documents for applications and accreditation?  We can help your business create, compile, collate and submit documentation.

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Sales Management

Whether you’re selling products or services, effectively managing the sales function of your business is essential.  You need to have a healthy pipeline, even when times are good.

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Grant Identification

Governments at all levels, Federal, state and local, support small-to-medium businesses to succeed by offering a range of grants and services.  We aim to support SMEs in accessing funding support.

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Value Pricing

We can help you understand the value of your products and services and therefore the price the products or services are worth.

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Workshops

We prepare and delivered tailored workshops for clients (and other organisations) on a variety of topics including managing sales, value pricing, roadmapping and business models.

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Cash Flow and Budgeting

We don’t aim to take the place of your accountant, but we can work with you to make sure you are knowledgeable about, and in charge of, your business finances.

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Right People Right Jobs

We can help you develop an organisational structure that supports your strategic objectives, and work with you to prepare job descriptions, employment contracts, and staff policies and procedures.

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