A massive 70% of all businesses in Australia are family owned, employing over 50% of Australia’s total workforce.
These statistics alone show the substantial and invaluable contribution made by family businesses to our economy, culture and communities.
In acknowledgement and support of the contribution that family businesses make to the Australian way of life, the 1,300 strong Kennards Hire team took time out on 19 September to celebrate ’National Family Business Day’, an initiative of Family Business Australia (FBA).
Grandson to Kennards Hire founder, Walter Kennard, Cam Kennard, is passionate about the intrinsic values that his family’s business upholds, “There is an unparalleled sense of loyalty and openness that comes with owning and operating a family business.”
“When you consider just how much of Australia’s economy and culture is centred on family businesses, I think it’s safe to say that we at Kennards Hire - and any other family business for that matter - have been founded on a strong business model based on our fundamental family values.”
“We believe that our employees are our family. They are what ensures that we have a living culture at every level of our operations”, said Cam, who is the group’s Property Manager.
Cam also encouraged everyone to think about supporting family owned businesses in their everyday shopping and purchasing activities.
“From some of Australia’s best loved brands through to your local farmers’ markets, cafes and bookshops, there are family businesses everywhere in our communities. By getting behind them, we recognise the contribution they make to our great country.”
In operation for almost 70 years, Kennards Hire is a third generation family business. Proud members of FBA, the business is an FBA Hall of Fame inductee and took home the FBA 2014 Distinguished Family Business of the Year Award.