As we come to the end of another year, like us you are probably wondering where the time went. Whilst the world may appear more uncertain as we continue to be bombarded by bad news, we thought you might enjoy some much needed positive news.
Here, Phil Ruthven, the founder of IBIS World expounds the virtues of data, outlining an evidence-based perspective debunking myths on various topics such as crime, inequality, the ageing population and marriage.
We hope you enjoy this short article as much as we did - 5 minutes well spent.
Larger, more traditional businesses offer the potential for significant capital, distribution and scale to smaller, more agile businesses who bring smarts and IP.
As seen this month with Wal-Mart’s record-setting $US3.3b acquisition of the year-old e-commerce retailer Jet.com, large players are not put off by the infancy of a business and are paying for opportunity, expertise and innovation.
Acquiring a business is often considered the preserve of large corporate entities and often this is the case, however we are seeing increasing opportunities for well run and managed small to medium enterprises (SME's) to acquire businesses which can greatly strengthen and enhance their offering.
Go to any business broker or M&A Firm to sell your business and the first thing they’ll probably do is start preparing a detailed Information Memorandum (IM).
Wind forward a few weeks or months and most business owners work out that this was a very bad idea.
So why is producing an Information Memorandum the completely wrong approach to selling your business?