Many of our clients are private companies with multiple (non related) shareholders. Given the ageing of the baby boomer population, we are increasingly being asked to provide advice on whether or not shareholders, that are no longer active in the business, should continue to be shareholders. In professional services firms, such as lawyers, accountants and […]
As we have just started a new financial year, many business owners will be reflecting on the performance for the 2014 financial year and be setting budgets and goals for the 2015 financial year. These budgets and goals typically focus on hitting certain revenue or profit milestones. But if your goal is to own a […]
Many baby boomer business owners maybe considering what to do with their business after their retirement and many do not want to retire. We suggest that more business owners consider keeping their business rather than selling it. Superior potential investment return If you own a business that makes say $250,000 after market based salaries you […]
The inertia that seems to have been a dominant factor in the psyche of Australian business since the GFC and especially during the world’s longest election year in 2013, finally seems to have lifted. We have seen a strong uptick in both buyer and seller activity in the mid market and smaller business space. It […]
Whilst there are a number of different ways of valuing a business such as capitalisation of earnings and discounted cashflow, there are four key drivers of business value: 1. Earnings – ultimately every business owner is looking to generate earnings from the holding and eventual disposal of any business 2. Growth – the higher the […]
Information about what’s going on in the world of family business keeps growing. Two Australian surveys have recently been released, the MGI/RMIT Australian Family and Private Business Survey and the KPMG/FBA Family Business Survey 2013 conducted by Adelaide University. The surveys are independent and address different aspects of family business, so reviewing the results in […]
Each newsletter we give an overview of a simple tool that can assist in decision making. This quarter we look at SOWOT analysis. Most of you would be familiar with SWOT analysis where you look at the Strengths, Weaknesses, Opportunities and Threats to a business. In our opinion SWOT analysis is limited as it does […]
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 […]