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Thursday, August 5, 2021
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Better Business Buying

Vehicle questions that frequently arise

I tend to spend a good deal of time talking about vehicles. Similar questions come up all the time – I want to get a new business vehicle, what is the best way to...

The impact of Covid-19 on business acquisition

I commonly get asked “what is this business worth” – and the answer usually starts with “it depends”. Well, it now depends a wee bit more, given the impact of Covid-19 on business valuations. A...

Key questions to ask on an Information Memorandum

A business’s Information Memorandum is a summary of the business for sale and you use it to figure out if you are really interested in the business. It is like going to an open...

What you need to do to get bank funding

In order to get funding from them to buy a business, there are three key areas that come into it: the equity you will put in and the deal structure you propose, the plan...

Common themes for success

In recent articles I have written about things that can go wrong when buying a business, and identified risks that could be heightened for now. However, I think it’s important also to share my...

The accountant’s role in buying a business

We are all aware our economy is being buffeted by Covid 19. But it does not mean that business sales have dried up – far from it. What it does mean is that it...

Buying tips for uncertain times

Sometimes the best way to talk about how to do something well is to start with how not to do it. Here are a few thoughts on the common mistakes I see people make...

Good opportunities likely to come up, but tread carefully

A lot has changed in a few short weeks. Unfortunately, business and consumer confidence will not go back to pre-COVID-19 levels in a hurry. It will be a slow progression upwards as it always...

Buying in uncertain times

A quote often used in relation to the stock market, is: “Buy on the sound of cannons, sell on the sound of trumpets.” It means that savvy investors will buy shares when things seem the direst (when everyone is running...
Tell ’im he’s dreaming

Tell ’im he’s dreaming

A few of you may remember the 1997 Australian movie, The Castle. It was a comedy classic about a family in Melbourne whose home was being compulsorily acquired by the airport – and the...

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