Selling a business is the culmination of years of hard work, and the focus is understandably on achieving the best possible price. Yet, what many small and medium-sized enterprise (SME)
To say we live in a different world at work than the workforce I joined in 1980 is a huge understatement. Many of the changes have been necessary and very welcome. Nevertheless, we are seeing significant and quite rapid increases in the administrative burden with increasing responsibility placed on business, which disproportionality burdens small business.
Every business owner eventually asks the big question: “What is my business actually worth?” Too often, the answer comes from gut feeling, emotional attachment, or what a friend sold their
As one of the last of the baby boomers, born in 1964, and now having been in business for 38 years (anniversary was 21st September), I was reflecting - an activity that seems to be increasing with age! My life expectancy in 1964 was 67.6. To prove the point when I was just 6 my grandfather on my Dad’s side, John McGrath, tragically died suddenly from a heart attack age 66, a few months after retiring!
I started my first business in 1987: a pizza home delivery chain in the UK, back when the concept was still a novelty. By 1990, we had grown to 84 outlets and captured 15% market share. Two years later, at just 28 years old, I sold the business to the market leader, Perfect Pizza.
Australia’s IT Managed Services sector is a significant and fast-growing part of the business landscape. According to IMARC Group, the Australian managed services market reached approximately AUD $8.5 billion in 2024 and is forecast to grow to around AUD $15.9 billion by 2033 .
Three weeks ago, in Omaha, Nebraska, something quite extraordinary happened. For the first time in decades, Warren Buffett — the most celebrated investor of our era — sat in the arena as a spectator while someone else ran the show.
The Peter Warren–Wakeling transaction is a textbook example of a well-structured deal caught in the slow lane — not by market conditions, but by the machinery of government approval.