Maximise the Value of Your Business – September / October 2011
Strategies for effective business performance and succession planning.
SME Engineering Firm Bucks Trend with an Employee Share Ownership Plan for Business Succession – September / October 2011
Locally grown and owned engineering plant C-Mac in Girraween, in Western Sydney, NSW, has bucked the growing national SME trend to wind up on owner retirement (‘The Exit Generation Needs Help’ – Featherstone T, The Venture blog, SHM.com.au 19 September) with the introduction of an employee share ownership plan (ESOP) offered to all its employees. The engagement of employees as owners has already seen an 18 % hike in productivity at the plant.
Successssion planning – a big issssue!
Succession planning is about taking a strategic approach to your business exit. Without it, the value in your business will retire when you do. Story by Craig West.
The business of adding value
The key to business success may be asking “Would you like fries with that?” Either find the fries in your business or find an exclusive niche in the marketplace. At either end of the Value Spectrum sits profit and success. Story by Craig West.
PLANNING FOR SUCCESSFUL SUCCESSION – IFA ISSUE 567
Preparation is the key to successful succession planning for financial advice businesses, and the best time to start is now, reports JESSICA GADD.
Sell your Real Estate business for the best possible price
The old saying goes that plumbers’ houses have leaky pipes. Similarly, real estate agents often do a poor job of selling their own businesses. You should be planning the sale long before you decide to put your business on the market. by Craig West.
Buying a business: the funding optionsLike a typical property deal, funding is key to ensuring success in any transaction and this applies equalllly to sale and purchase of a real estate business. Many deals fail at this stage due to inappropriate or incomplete funding being arranged. Story by Craig West.
Sme Engineering Firm Bucks Trend With an Employee Share Ownership Plan for Business Succession – December 2011
Attracting a Buyer for Your Business – 24 October 2011We have previously provided several different strategies to improve the value of the business and next month will talk about our unique 5 x 5 x 5 model to increase financial performance, but the key issue here is who is the best bowler had we find them and what is it that will attract them and encourage them to pay maximum dollars. Many people talk about a strategic buyer for businesses but what exactly does that mean where do we find how we attract them and what makes them strategic in the first place?
Maximise the Value of Your Business – October 2011Strategies for effective business performance and succession planning.
Begin with the end in mind – March 2011Steve Coveys’ second habit is to “begin with the end in mind” – this is simple but not often followed by business owners who are so entrenched running their business day to day – they don’t allocate the time and energy to planning that might see them better focus on habit number 2.
Get your business sale ready – SOLD – Nov 2009 – Nov 2009Most of business owners, when they prepare their businesses for sale, are really not sure exactly what that means. They probable know they need to have a bit of a cleanup both literally and also in terms of documentation such as client records and files, but they’re not sure what else needs to be done. Story by Craig West.
ESOP’s fables – AUGUST 2005Australia trails the rest of the developed world when it comes to employees holding a stake in their own company. The moral of the story is that an employee share ownership plan translates to motivated workers, writes Craig West.
Asset protection for long-term wealth – 26 JULY 2005Creating wealth through your business and investments is just one-half of your financial planning strategy. The other half is about structuring your financial affairs so that your wealth is protected, writes Craig West.
Planning your getaway – May 2005Succession planning is about taking a considered, strategic approach to your business exit strategy. Without it, the value of your business may retire when you do, says Craig West.
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