The business succession planning issue in Australia is not about to go away - in this year's Family Business survey the age of owners managers shows 29 % of owner / managers of family owned SME's are over 60 years and a massive 70 % are over 50 years old.
Further analysis of the data provided in the recent 2010 MGI family and private business survey highlights an interesting challenge for business owners - like the remainder of the population the age of the actual businesses is