Baby Boomers or Bust?

The extent of insufficient retirement funding and poor exit/succession planning appears to have been laid bare over the past few months, with a number of studies pouring cold water on broader expectations for the retirement plans of the Baby Boomer generation. ...

Why Businesses Fail to Sell

Conventional wisdom tells us that we learn more from our failures than from our successes. With this in mind, a review of failed transactions of recent years has allowed me to compile a fairly rigorous list of pitfalls that derailed business sales, so that I may...

The 80/20 Rule in Business Exits

Having read through the many and varied surveys and research reports conducted in Australia, the USA, the UK and Canada that relate to business sale/succession intentions, preparation and readiness, a familiar pattern in the statistics has emerged.  Yes, the Pareto...

Is this the new normal?

Since the onset of what has been termed the Global Financial Crisis – in typical Western shorthand, the GFC – in late 2008, the market for business exits has undergone a radical transformation. Unable – or at best, unwilling – to forecast with any confidence,...

Why it might pay to become a buyer

I was introduced to a new client recently who had taken great pains to set his business up for a successful sale.  Growth was solid, management strong, systems up to date and contracts in place with top clients at good margin.  The financial profile suggested an...