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HHG Legal Group Managing 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.


*This information serves as a general guide and does not constitute legal advice. It is based on our research and experience at the time of publication. Please consult our knowledgeable legal team for any specific inquiries or advice relevant to your circumstances, as the content may not have been updated subsequently.