Our Expert Advice series throws the spotlight on family succession, a tricky and sometimes emotional subject Our core advice to parents considering passing their business on to their children must first have open discussions with them about their aspirations and...
Escaping the trap of being money rich and time poor “I didn’t think I’d ever sell my business, the business was my life,” the words of Martin Gadsby former owner of Optimal Industrial Automation. For him, like many business owners, the phrase “money rich, time...
Ten Tips For Maintaining Confidentiality Navigating the selling process of your company requires a delicate balance of confidentiality, discretion, and strategic communication. Here’s a more detailed breakdown of the suggested steps on how to maintain confidentiality...
Professional success can be addictive. While that ‘addiction’ has probably been a pivotal factor in you becoming the accomplished entrepreneur you are today – with the prosperous company to prove it – it can mean you become blinkered to the bigger picture and you...
“I don’t want to grow my business any bigger – it’s a lifestyle business.” “It’s just a small business so we don’t need – or want – loads of paperwork and processes.” “I have got a firm grip on the financial aspects of my business –it’s just that the...