ARTICLE
27 December 2021

Smooth succession - Business News

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HHG Legal Group

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HHG Legal Group has been serving Western Australians for over 100 years. With a large team across five offices, we offer top-notch legal advice and representation, exceeding expectations for all clients.
Even the smallest businesses should have a well-documented plan for the future succession of the business.
Australia Corporate/Commercial Law
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HHG Legal Group Special Counsel, Janene Bon, and Director, Murray Thornhill, have featured in Business News discussing the importance for businesses to have a Succession Plan.

According to figures released earlier this year by the Australian Small Business and Family Enterprise Ombudsman 54 percent of family businesses have no succession plan and with the highest proportion of business owners in the 45 to 58 year age bracket and approaching retirement age.

Read the full article here.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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