10/08/2026
Kym answers the 3 Questions Family Businesses Often Avoid Asking
Question 1:
“Why am I not being paid the same as someone doing the same job?”
In family businesses, what you get paid may not always align with “market value”. This could be because there are other costs being covered by the business, you are paid drawings instead of wages or a number of other factors. The issue is that when the understanding around how someone is paid isn’t discussed openly, it can lead to frustration, resentment and assumptions. Do they need to understand the difference between drawings and wages? Do they need to be shown their “full package” considering the costs covered by the business that normally wouldn’t be?
Question 2:
“What do I need to do to take on more responsibility in the business?”
Many next-generation family members want greater involvement but aren’t sure what the pathway looks like. Likewise, senior generations may not have clearly articulated what they’re looking for before handing over responsibility. A family charter can step through what this pathway looks like and the milestones expected along the way.
Question 3:
“When will my spouse or partner be included in important family and business conversations?”
Partners are often deeply impacted by family business decisions, yet they’re not always included in discussions about the future. This can create uncertainty, misunderstanding and tension. Within a family charter you can outline how and when people become part of conversations. This then makes it fair for any new entries to the family and is set out as a clear expectation from the start that doesn’t feel personal as the same rule applies to everyone.
Join the Webinar
Presented by Business Advisory Specialists Carryn Hills and Kym Arnold, this session will cover practical approaches to succession, decision-making and long-term planning, followed by a live Q&A.
đź“… Tuesday 25 August 2026
đź•š 11:30am to 1:00pm
Register now: https://www.lincolns.com.au/familycharterwebinar
