Choosing a partner for your organisation is a big decision.
Besides the costs involved, there are many factors to consider whether the company is a good fit for your organisation. For example, if you need help, will you need to jump through a series of hoops and red tape to get the help you need? Will an international business have the same understanding of your target market?
These are some examples of the questions you need to ask yourself. As you begin to run down this list, you will find that a family-owned Australian business is the right way to go. Here are some other reasons why they are the right partner for you.
The Benefits of Partnering with a Family Business
There’s no doubt that international companies have gained their reputation for a reason. But that doesn’t always mean they are the right fit for every business. Bigger doesn’t always mean better. In some cases, it can cause extra headaches and make it more challenging to solve problems.
Meanwhile, working with a family-owned business offers different benefits. Some of the most common advantages include:
- Greater flexibility and willingness to personalise offerings to suit your business
- Higher focus on long-term goals rather than quick, short-term wins
- Lower costs and expenditures due to a focus on long-term success
- Better succession planning with the next generation of family learning the business
- Fewer office politics and stronger solidarity, especially within leadership teams
When combining these attributes with a business based in Australia, you get a company invested in your local market. They have an awareness of what consumers want and need. It means it will take less time to get on the same page compared to explaining to an international company that is unfamiliar with the area.
Key Facts About Family Businesses
When you hear the words family-owned business, you might picture smaller operations with limited clientele. But you’d be surprised. Several companies around the country are run by family members.
- Over 60% of trading businesses in Australia are run by families
- This equates to 1.4 million Australian family-owned businesses today
- According to Family Business Australia, 75% of consumers trust family businesses more than other companies
How to Choose the Right Family Business for You
Over 60% of businesses in Australia are run by families. The next question to ask yourself is how do you choose the right one for you? Start by having a discussion with them about your current operations. Find out how they can help you achieve your objectives. The key to choosing the right partner is to ensure they’re a good fit and can deliver what you need them to.
Did you know Compu-Stor is a Family-Owned Australian business? We specialise in information and records management solutions and services. From document, media & data storage to digital scanning, business process automation and consulting services, Compu-Stor provides a wide range of solutions using the latest technologies & methodologies to deliver secure & efficient services. Through its Digital Transformation Solutions, Compu-Stor helps maximise the accessibility of information within organisations. With offices across Australia, Compu-Stor works with its customers to provide cost-effective solutions tailored to their needs.
Contact us today for a free initial exchange to see how we can help you: 1300 559 778
For more information, visit our website at https://www.compu-stor.com.au/
