Some years ago, I was advising two of the most impressive entrepreneurs in the country. They had built an amazing national brand and were going from strength to strength in terms of geographic coverage, revenue and customer numbers. But, they were having challenges managing the business now that it was so large. They explained: “We’re […]
Many business owners spend years building their business to only receive a fraction of what it is worth when it comes time to sell. Although there are many more, here are seven of the most common mistakes that could impact you significantly. Inadequate preparation Sellers who get the best deals are those who have left […]
A new report into Victoria’s startup landscape reveals that a majority of ventures are revenue positive within the first two years but are not giving thought to an exit strategy. Commissioned by LaunchVic in collaboration with Startup Victoria and dandolopartners the report – titled Mapping Victoria’s Ecosystem – defines a startup as any business with […]
It’s not always easy to take up a CEO role. It can be easier if no one liked your predecessor. It can be harder if you’re taking over from the founder and harder still if the founder is still in the business. The nature of the challenge depends somewhat on the stage at which the […]
The future viability of small businesses is being risked as owners increasingly fail to recognise the value of an exit strategy.
Creating a business with the intent to sell demands forward-looking thinking from the very beginning.
Private equity firms are sitting on a ton of money. Here’s why they’re scared to actually put it to work.
The sooner you begin thinking about life after your business, the better prepared you will be for that day and the more likely it will happen on your terms. Here’s what you need to consider when putting yours together.
It sounds crazy, but selling your start-up for a tidy sum won’t necessarily make you ecstatic. In fact, entrepreneurs often experience post-sale blues.
An SME owner’s departure from the business is inevitable, so plan your exit strategy and succession in advance, if you want to leave under the best possible conditions. Bill Hovey, CEO of the Linchpin Group Australia, shares his extensive knowledge and expertise to help you prepare an exit strategy. Regardless of the size of your […]
