The final steps in preparing your business for sale are of course critical. This post is part 3 of the series "How To Sell Your Business - Frank Advice From A Broker". First, in part 1, we looked at getting the right mindset and expectations by looking at your business from the perspective of a … [Read more...]
These posts and articles have been written by members of The Network Of Consulting Professionals. They express the many ways in which we can "Strengthen" a business of any size and facing many kinds of internal and external challenges.
We welcome the diverse perspectives, analyses and ideas that are sent to us and we share them to contribute to the value that we collectively deliver. Feel free to comment on the posts that are of particular interest to you. if you wish to submit a post or article for publication.
Change happens, even the seemingly impossible like the fall of the Berlin wall can suddenly become reality. We can draw a number of management lessons from that momentous event and from its consequences. The Wall will be standing in 50 and even in 100 yearsGDR head of state Erich Honecker, East … [Read more...]
Is it time to drive change? You understand your business well – and so you should, after all this time. Of course you know intimately the products and services you provide. You understand the inputs, throughputs and outputs. You’ve hired a good team, give or take some mishaps along the way. … [Read more...]
Preparing your business for sale is phase 2 of the process that Ziggy Frankenfeld outlines in this 3-parts series "How to Sell Your Business - Frank Advice From A Broker". This phase includes 4 steps focused on managing some real risks. To read Part 1 of the series, click here "Thinking About … [Read more...]
How to sell your business? But you are not planning to sell yet? Here is why you should read this! There will come a time, one way or another, when you and your business are no longer together. It may be hard for you to face that fact, but it’s the cold hard truth. So the question is not whether, … [Read more...]
Good governance is good business, poor governance is risky business as we have seen again and again. When boards fail, it makes the headlines. ‘Sandpapergate' plunged Cricket Australia into crisis and resulted in the resignation of its CEO, James Sutherland; AMP's admissions of failure at the … [Read more...]
In business we are lucky enough to get two chances to start the year. July is our second chance to revisit and reset our business expectations and frame them anew as budgetary and strategic goals. Don’t let the opportunity pass you by. To benefit from a solid plan, you don't need to have … [Read more...]
If you’re a Director of a business, you’re already in the governance game, like it or not. Here is how to make it work in your favour! Governance – or rather, terrible governance – has been in the news recently, with Australia’s banks, the ABC and Cricket Australia all taking a battering for … [Read more...]
To maximise the outcome of selling your business, it’s crucial that you know the nature of the beast. You must know your buyer, the different motivations that buyers have and what they are looking for. Understanding them will give you the best chance to prepare for the transition and the different … [Read more...]
Adding cash to your business doesn't necessarily add business value. So knowing what builds value is essential to create a business able to prosper in the long run. All of the biggest businesses in the world started small. BHP, the second biggest mining company in the world by capitalisation, … [Read more...]