A ‘Business Value Gap’ is the difference between the value of your business today and what you need it to be at time of sale. A shortfall can have a significant impact on your retirement plans and may force you to reassess your desired standard of...
Starting and operating a small business is a risky proposition. When starting out, you’re perhaps leaving the stability of full time employment to start a venture you’ve always had a passion for, with no guarantee that you’ll able sustain the lifestyle you perhaps had whilst working...
Planning for Sale So, you’ve run your business for a number of years, got through the initial phase of “what am I doing?” and, eventually - after no doubt many years of uncertainty and second-guessing your decisions and many sleepless nights - done well enough to...
What is your business really worth? According to recent research, the majority of business owners nominate a “trade sale” of their business as their preferred and most likely succession planning exit option. With record numbers of business owners thinking about selling, many will be disappointed when...
Operating a business on your own can become increasingly difficult as your business grows and expands. Merger/acquisition opportunities, competition, retaining staff, new locations, capital, health, family pressure and business succession are some of the many reasons small business owners establish business partnerships. Forming a business partnership...
Running a successful business is challenging, and most business owners will testify to the fact that long hours, countless sacrifices and many sleepless nights carving out your livelihood are all part of what drives success. But why do some businesses perform better during tough times than...