Our Family Business Insider events give our members the opportunity to get an exclusive look into the workings of the diverse family business sector in Australia.

Join us on Tuesday 23 October with the Sequeira Family, owners of Karalee on Preston.    This two generation family business will share their story, specifically looking at how they continue to be innovative in order to survive and thrive in the tough retail and hospitality business sectors.  This is a fantastic story of starting small and seizing opportunities to build a strong family business, who are now engaging the next generation to ensure a sustainable future.

We hope you can come along to enjoy the award winning food at one of Perth’s most popular pubs and consider how this family businesses journey compares to you own.

About the Hosts: Karlee on Preston

The Karalee was established in 1975 and means “waterhole” in the language of Australia’s indigenous people. The Karalee is true to its name as a popular meeting place for locals and visitors alike.  They have won Best Casual Dining Pub (AHA WA Awards, Metropolitan 2016) and you’d be silly not to come and try their award winning steak sandwich (AHA WA Awards, Metropolitan winner 2014, 2017 and also finalists in 2015 and 2016).

The Sequeira family consists of Pierre and his wife Aylmyr along with their daughters and their husbands, Elaine and Reuben Dias and Renee and Mark Steenkamp. Both Renee and Elaine have key roles in each of the businesses, Preston IGA and Karalee on Preston.  Pierre is a typical entrepreneurial businessman and has led Revel Enterprises Pty Ltd (and his family) to grow and diversify their business interests.

Learn about the family and the business by experiencing firsthand the day-to-day operations.

Research indicates family businesses consistently out-perform non-family businesses in terms of return on investment and market value.

So what are the advantages available to a family business that can make them more successful?

The Family Business Essentials workshop will provide you and members of your family with the opportunity to spend half a day focusing on the health of your family business, where you want to be and how you can harness your distinct competitive advantage to reach your goals. In this interactive session, you will use the family business diagnostic tool to identify areas of your business that need attention and help guide you in the direction of forming relevant strategies and action plans moving forward.

Course outline

• Identify family and business as interconnected systems which need differing approaches to maintain performance
• Understand the structures and processes that will professionalise your family business
• Complete a diagnostic on your family business and devise strategies and actions for your family business

Content:

• What makes a family business different
• The competitive advantages of family businesses
• The 3 intersecting elements of family business – family, business, ownership
• The conflicting systems of “family” and “business”
• Family business values
• 9 Key success factors for a family business

Key learning

• Understand the key elements of a successful family business
• Identify how those key elements apply to your family business
• Identify areas of your family business that require focus and set priorities
• Develop an action plan to take back to your business to refine and implement

Who should attend

• All members involved in strategically guiding the family business
• Family businesses that do not have the wisdom of previous generations to draw upon

Facilitator: Martin Tobin | Outlore Consulting 
Martin Tobin is an experienced and innovative family business adviser (and Independent Director), with a deep and broad understanding of the Australian family business sector. Drawing on his background as a solicitor, and previous leadership experience as CEO of Tobin Brothers Funerals (Melbourne), and Victorian Chairman of Family Business Australia, Martin is uniquely placed to provide creative input to Australian small to medium sized enterprises, particularly family-businesses, across a range of industries. In addition to his practical commercial experience, Martin has a strong academic background, having completed degrees in Arts & Law at Monash University, and a Masters of Business Administration at Melbourne University Business School.  Martin is also an accredited FBA Family Business Adviser and a Licensed Business Broker.

Those eligible to register for this free event

• FBA Family Business New Member 
• Family Business Non Member 
• FBA Adviser with Client 

If you are a family business Adviser who is not currently a member of FBA and you are interested in attending this event, please contact please contact VIC State Manager Ed Horwood on 0499 008 348.

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