Succession

Our Consulting Philosophy

Why choose Family & Private Business Advisors Group to assist with your succession problems or concerns?
In our Company Profile Brochure, available on request, we state our Consulting Philosophy is "To support family and private business owners address Issues, Choices and Solutions for continuing success with objectivity, independence, knowledge, creativity, judgement and integrity".
Objectivity As facilitators, we assist clients to arrive at the correct decisions. This requires an approach which is difficult to achieve for Accounting, Legal and other Professional Advisers due to their ongoing relationship with their clients and the "Human Issues" they do not understand.
Independence The continuing welfare and harmony of present and future business owners is paramount. Our experienced and independent facilitators bring balance in resolving difficult issues.
Knowledge We take great care to match backgrounds and skills of our  Advisors to the business and stakeholder relationships in each assignment.
Creativity Each business and business owner is unique. The manner in which "human issues" are handled can cause problems or even failure of the business in different generations. Our Advisors have the ability/ experience to address problems and challenges in a particular set of circumstances and recommend solutions for each situation.
Judgement In a world where information is abundant and in a field that provokes the extremes of passion, our Advisors provide a sense of objectivity and discernment that can be relied upon by clients.
Integrity Relationships with our clients are built on trust, reputation, confidentiality, confidence and our ability to maintain strength and stability within the environment confronting Family and Private Business Owners today.
Our Company Profile concludes "Through its focused and diversified skills, Family & Private Business Advisors Group satisfies clients' needs, achieving value for them from a committed team of professionals whose standards reflect favourably on our consulting philosophy and their ability to find solutions".

 

Our Professional Fees

Because Family & Private Business Owners are concerned about Professional Fees we provide the following services AT NO COST to those who own mature, established businesses that would benefit from our services in Succession Planning. This approach is in line with our Consulting Philosophy because we want to ensure Family & Private Business Owners recognise the importance and need to address Succession issues and solutions before they are asked to commit themselves for professional costs.

bulletFirst meeting with owners to listen and understand the facts as well as their concerns, wishes, hopes, aspirations for the future. The meeting can include one or more generations (including spouses), their Professional Advisers and other stakeholders - at no cost.
bullet Prepare a Proposal setting out the facts (to ensure that we understand them) the Way Forward and Solutions based on our experience to achieve the outcome they are looking for. Included in the Proposal is an estimate of Professional Fees taking into account the number of people the client would like covered in the assignment and the time we estimate would be involved - at no cost.
bulletA further meeting, if required, to discuss the Proposal, and clarify any points and obtain further information if required - at no cost.

Note: Out of pocket expenses and  a nominal contribution for travel and time will be pre-agreed for assignments outside the Sydney Metropolitan Area.