Businesses in Australia make an average profit of just under 10% of turnover. However, 20% of businesses in Australia don’t make any profit, that’s about 200,000 companies! In Lesson #6 we address the very real question facing those owners who are not making any profit, is my business worth anything?
As we contemplate a new year, we wanted to share with you some of the more practical reoccurring themes that Oasis has encountered while completing over 500 business sales. While I would hope that most of these you have already heard about in one form or another, I am reminded that repetition is the mother of skill.
Valuations for tech start-ups have fallen. Why? What does it mean?
Five months ago, the market sell-off smashed valuations in the tech. sector. Angel funds felt the brunt of the lower valuations and lower multiples. Many start-ups have lost out.
There's a “burgeoning body of evidence” that social media harms young people’s mental health and continuing to use it unjustifiable.
This issue affects us all – what is reasonable usage and how much is too much?
In speaking with a lot of owners of private businesses, I often hear stories of them being approached - seemingly out of the blue - by someone knocking on the door and looking to buy their business.
Successful businesses are often run by people who are very good technically who then develop the ability to work in a team before becoming leaders in their own business.
This question was recently addressed by our European colleague John Willcox-Jones. We’ve shared his insights here because they’re very relevant to Australian businesses.
I was recently interviewed by the Talking Law podcast. In our discussion Joanna Oakey and I talk about lessons learnt from doing deals in this time of COVID-19 pandemic, and what the future looks like for the mid-market in M&A.
We all try to use common-sense when making decisions, but this can be difficult during periods of turbulence and change. Read on to find out our three easy steps for keeping your head while making tough calls.
Back in 2008, Michael McGrath first sat down at a kitchen table with Anthony Moorhouse, former Australian Special Forces commander and then owner and founder at the crisis management company
I was recently interviewed by the Talking Law podcast. In our discussion Joanna Oakey and I tackled some of the issues facing small to medium sized enterprises at the moment
I was recently interviewed by Joanna Oakley at The Deal Room where we explored the enormity of problems facing business owners trying to sell in the face of the Covid-19
When you think of entrepreneurial success, you might picture a lone wolf conquering the corporate world. But what if the secret to success is collaboration? Kelly Jamieson, co-founder of Edible Blooms, sat down with Mike for the Troubleshooters Podcast over a year ago to share her inspiring journey of building a thriving business with her sister. A year on, I have been reflecting on the invaluable insights she shared.
Back in June 2024, I had the chance to chat with Tom Waterhouse on The Troubleshooters Podcast. We covered a lot of ground, but one topic really stuck with me—the big question most business owners face after selling: what’s next? It’s something I hear all the time from clients, and Tom’s experience sheds light on that particular dilemma.
James Thompson has written a piece in the AFR citing Gary Wiess' advice to CFO’s, suggesting, they focus on the numbers, “of course.”
He goes on to say “At the very basic level, it is the accumulation of the financial data in a cohesive, coherent manner that can be understood.” Sounds simple but as Weiss says, “it’s not always a given.”