Consultants to gather important data to help Roma businesses
A family business advisory organisation will be conducting a unique tour across the Darling Downs and southwest Queensland to gain some insight of the needs and struggles facing regional businesses and farms.
Family Business Central is set to undertake a first-of-its-kind research study on family businesses in rural areas.
They’re heading to regional Queensland to gather information to inform these businesses, chambers of commerce, and councils on where support and services are needed.
Family Business Central founder and CEO Phillip Pryor and senior consultant Vivian
Crick devised the road trip as a way to hear ‘from the horse’s mouth’ about the
challenges, opportunities and issues facing multi-generational family businesses
and farming families in the regions.
“We want to understand how these families in business are doing right now –
and help them navigate the unique issues they face in what is a rapidly changing
landscape,” he said.
A series of community town hall events facilitated by Mr Pryor and Ms Crick will give local family businesses a platform to discuss what’s going on as well as learn strategies to protect their family businesses.
Everyone attending the events will be encouraged to complete a survey on the
state of family businesses.
“We want current information and insight, something we don’t have at the
moment,” Mr Pryor said.
“Once the data is collated, it will be sent back to those who attended the events
and the organisations that are in a position to do something about it, like local
The regions have faced considerable challenges in recent years, and the
community meetings will seek to address these.
“It has been more than just COVID. Over the last while, the regions have faced
drought, fires and the significant stress that comes with these events.”
Mr Pryor and Ms Crick will also address the more complex issues that family businesses
“Change, growth and legacy are particularly difficult when you’re in business
with family members. This is the chance to talk about the tricky issues like
succession, sustainability, pressure to sell-up, accepting innovation and bringing
younger generations into the business,” he says.
“At our core, Family Business Central supports families in business, and we see
this as a group that needs to be heard at the moment.”
The Family Business Central road trip will be heading to Roma on March 17 and 18, after they complete their sessions at a number of Darling Downs towns on the way including Stanthorpe, Inglewood, and Goondiwindi.
For more information or to book, click here.