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 […]
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 […]