A successful exit can be defined as one that meets the business owner’s individual needs and desires. For some business owners a successful exit goal is about selling the business for maximum dollars. For others financial outcomes are not their first priority as they are looking for stewardship exits – […]

Please consider what support you need for business recovery, transition, growth or other strategies to address the impacts of COVID-19 and other significant events. The COVID-19 small business advice and financial guidance program, Business Tasmania grant provides eligible businesses with access to expert services and support. The application is simple […]

Do you remember why you started your business? Maybe you had a vision for the meaningful impact or lifestyle you wanted to create? We often find small to medium business owners find themselves working in a high pressured job and stuck in the ‘day-to-day’. You find yourself doing everything, when […]

If you own your company jointly with another person, regardless of whether they are your mate, your brother, sister or an investor, you need to have a shareholders’ agreement in place. A shareholders’ agreement acts as a roadmap for how you want decisions of the shareholders and directors of the […]

How can you maximise value of your business and achieve a successful exit?  Business succession and exit planning is one of the most important yet most misunderstood financial strategies for any business owner. It relates directly to your ability as a business owner to extract the maximum amount of value […]

Can you increase productivity and maximise employee retention asks Mike Denehey, Adviser. An innovative way to gain productivity and retention benefits is to invite employees to invest in your business through a share plan, also known as an Employee Share Ownership Plan or ESOP.  ESOP’s are increasingly being used by […]

What are the risks asks Rob Cameron, Adviser. One of the biggest risks when purchasing a new business is the risk of overpaying. Once you’ve overpaid for a business, it’s very hard to turn it into a good deal and your financial returns can be decimated. Because of this, it’s […]