Make Yourself Redundant

Treat your talent pool so well that your business can run without you on a day-to-day basis!Key Person Dependency (KPD) is the notion of a business  being reliant upon few key people. Commonly entrepreneurs and founders of successful businesses have had to do a huge amount of heavy lifting t...

Is Your Business Fit?

The most common method of valuing a small to medium business is Enterprise Value (EV). Enterprise Value is generally based on a multiple of your earnings.When investors and purchasers determine the Enterprise Value of a business they look at 3 things:Actual earnings/profit;Market factors (e.g...

Buying a business?

Of all the investments one could make, purchasing a business has to have the most potential for risk. Strangely enough, it is probably one of the least scrutinised transactions we come across.It is always advisable to retain a business lawyer early to act for you in a purchase of business but, be...