We have seen great success with board of directors for companies going through intergenerational change. Should you consider establishing a formal board of directors? Establishing a formal board of directors and maximizing its usefulness may not appear to be high on your priority list, but as your business grows and prepares to go through a […]
Does your company have a strategic or an opportunistic approach to acquisitions? We recently read an interesting article from McKinsey and Company on “M&A as a competitive Advantage” where they identified that at many companies, strategy provides only vague direction on where and when to use M&A and an unspecific idea of the expected source […]
Australian businesses have been somewhat in hibernation mode since the Global Financial Crisis began in 2008. The previous hung parliament and leadership issues have further reinforced the inertia that has prevailed. Now that the election is over and there has been a clear majority, it is time for action by Australian businesses. Naturally many business […]
We recently facilitated a survey whereby we asked over 800 accountants a series of questions to gain a clearer understanding of how accountants saw their role in exit planning with a business. Did they see it as part of their core service offering or should it be a collaborative process involving other specialists? We also […]
We are all well aware of the Pareto principle where 20% of what you do creates 80% of the benefit you provide to the business. The other 80% is potentially a waste of time or could be delegated. This is the question you should be asking yourself at this time of year as it helps […]
A number of our clients consider that this is a great time to expand and are actively seeking acquisitions. We currently have acquisition mandates in: – Registered Training Organisations – Blue collar labour hire – IT recruitment and contractors – Security products distribution
When we are asked to value a business, our first few questions usually revolve around the purpose of the valuation and what type of valuation a client requires. Depending on the circumstances, there are different types of valuations and some activities that some may call valuations are not actually valuations at all. As the veracity, […]
Whether you’re planning to sell your company some time soon or sometime in the future; now is the time to ensure that your business isn’t all about you. From the latest Sellability Score* research involving 2,300 companies from around the globe, here are two key factors that are linked to the probability of getting an […]
Many companies start out by a group of friends, relatives and/or work colleagues getting together to attempt to build a business. In the hard work and euphoria of getting the business off the ground many companies forget to document the relationships between the parties in a Shareholders Agreement. A Shareholders Agreement allows the parties to the […]
One of the most intimidating aspects of selling your business can be facing the barrage of questions during the various presentations you’ll be doing for potential acquirers. Be prepared to be grilled on all facets of your operations. Of course every meeting will be different, but here are some questions you can expect to be […]