Internationally recognised award for family-owned franchise

Internationally recognised award for family-owned franchise

19 October 2015 by Staff Reporter 0 comments

A major industry group has been commended for its growth and longevity as a family business.

The Ray White Group has been awarded the inaugural Family Business Award for Excellence at the 2015 EY Entrepreneur of the Year Awards.

This award is not new to EY internationally. With the more than 20 different winners globally in 2014, the award recognises family businesses that have successfully grown and transitioned through multiple generations.

Past winners of the award internationally include companies such as LEGO, Sattler and the Messer Group.

Brian White, joint chairman of the Ray White Group, said it was an honour for the Ray White Group to receive the award.

“This award has been in existence in Europe for such a long time where family businesses have been so well-established, almost for hundreds of years. It was deemed time for Australia to recognise family business, and it is a source of great pride that our family company [was] announced as the Australian inaugural winner,” said Mr White.

“It is also a terrific thrill for us to be able to present this award to our members, because so many of our businesses are family-run and we have collectively created this achievement.”

Ray White is in its fourth generation of family ownership after launching as an auctioneering business in 1902.

[Related: Franchise networks named among country's biggest earners]


promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2016

With a combined sales volume of $13 billion in 2016, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
At the top of his game: how this agent evolves to stay number one

Get up close and personal with the best real estate sales agents in Australia in Secrets of the Top 100 Agents. ...

View all podcasts

Are dodgy agents being punished enough?

Yes (8.6%)
No (55%)
Only in some states (2.3%)
Not all dodgy agents are being found out (34.1%)

Total votes: 220
The voting for this poll has ended on: April 15, 2017
upcoming events
REB Awards
Sydney The Event Centre 12 Sep
REB Awards
Sydney The Event Centre 12 Sep
Melbourne The Event Centre 14 Oct
Brisbane The Event Centre 18 Dec
View all events
Do you have an industry update?