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Family Business Advisory: Your Next Growth Opportunity

Family Business Advisory: Your Next Growth Opportunity

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In this episode of the Accountants Minute Podcast, Peter Towers explores why family businesses are the cornerstone of the Australian SME sector—and what that means for accountants, bookkeepers, and business advisors.

With 70% of SMEs being family-run, understanding the unique dynamics, challenges, and opportunities of these businesses is essential. Peter dives into real-world advisory questions—from employing family members and paying fair wages to succession planning and funding options like crowd-sourced equity and early-stage innovation.

Discover how ESS BIZTOOLS can equip you with ready-to-use tools, resources, and communication strategies to confidently advise your family business clients and grow your own firm in the process.

Whether you're already working with family businesses or just getting started in advisory, this episode will inspire you to think bigger, ask better questions, and deliver real value.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.