News/Media Announcements: July 2023
A Practical Guide to Post-Business-Exit Planning
Imagine the excitement that accompanies the sale of business process.
You have worked so hard to build your business to become Investment Ready. Years of preparing the succession and sale. Then the sales program. Negotiating with the would …
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Using equity as a carrot to keep your best people.
Are you really ready for a ‘partnership’? What steps can you take to optimise success? What price? What terms? How will they pay? So many questions!
Perhaps with the general exception of family businesses, sharing equity in a business has …
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The Value of Opportunity
How can it be fair for one child to take ownership in the family business? What about the other kids?
Perhaps a hundred years ago, businesses (often farms) were often handed down to the oldest son. It was a way of keeping the business in the …
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The New Heady Days of Succession
Nothing like a good pandemic to shake things up!
Every decade or so, an upsurge in activity in capital markets drives interest in mergers, acquisitions, takeovers, and sales of businesses. Understandably, this also underpins strong interest …
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Follow your dreams…
When Andrea and Chris first met the irrepressible Felix Borenstein, he owned the successful and vibrant HR consulting and contracting business, Parkside Consulting.
Over the years, Felix became one of our larger clients. As Felix once said …
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Don’t forget to steer your ship
One of our clients this week settled the sale of their business. Yep, right in the middle of our Covid-19 Stage 4 shut down.
If that wasn’t remarkable enough, this is after a protracted period spanning some 12 years. False starts, wrong suitors …
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You Probably know the Next Owner of your Business
The glamour and prestige of an IPO (floating your company on the stock exchange) drives many business owners to attain that ultimate public accolade. The idea that your company listed on the ASX, NASDAQ or Wall Street (and made you millions …
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Why should every business be “Investment Ready”?
Two scenarios come readily to mind:
Out of the blue, you get that ’knock on the door’. Someone wants to buy your business. You didn’t contemplate this, the business is far from ready, your structures are all wrong, you don’t know what …
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Why Estate Planning is often not enough…
Years ago, one of my great mates died tragically and unexpectedly. He was 53 years old, fit, healthy and should have had another 30 or 40 years left in that amazing tank. Everyone was devastated by the sudden loss, especially his family.
Luckily …
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What’s my business worth?
Ask most business owners what they think their business is worth and the answer is usually “no idea”. In fact, they have always wondered about value even if there was never any inkling to sell. Most generally have an idea but sometimes widely …
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