Family business success
MORE than 70% of all businesses in Australia are owned and operated by families.
These businesses are in the difficult position of mixing business with their personal life, so it can go wrong sometimes.
One example of getting it right, however, is Gympie's Dobbrick Financial Services.
Ross Dobbrick, and his wife Maree have been working together since the 1970s and son Paul joined the firm back in 2005.
Now they are set to move into a new building on the corner of Young St and River Rd by mid July.
Mr Dobbrick said it took hard work to build up the successful business.
While Paul Dobbrick said it was not always easy to work together, the family tried to make decisions as a business.
According to Family Business Australia's chief executive Philippa Taylor, the key to avoiding a bitter family feud in business was to ensure the family business had clear governance practices, similar to a publicly listed company.
"Quite often simply going through the process of having the discussions and setting up corporate governance policies will be enough to avoid a family feud in the future. It's an important step to help get all the family members on the same page," Ms Taylor said.