Many of you know that I am on the board of several private companies, five of which are manufacturers. We love manufacturing here at Oasis Partners.
Whilst 2020 was a shocker of a year on so many levels and many of us spent a large part of the last 12 months in a state of disbelief, our job as business owners is to now figure out based upon what has happened and is happening what might be coming next. After all the only constant is change!
What can be said about 2020 that isn’t painfully obvious to anyone in business? When it comes to planning, the saying ‘if you want to make God laugh, tell him your plans’ rings true.
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.
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.
Unsolicited approaches are all-too-common in Australia too, so we thought we’d share our European colleague John Willcox-Jones’ advice on how to evaluate and handle unsolicited offers.