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“What’s my business valuation?”

“What’s my business valuation?”

Jan. 9, 2019 by

Warren Buffett’s right hand man, Charlie Munger, has summarised his ‘cognitive bias’ treatise with the phrase “Beware of the first thought that enters your head – It will commonly stick” (If you haven’t heard Munger’s ‘Psychology of Human Misjudgement’ it

The Problem with the Commission-only Business Model

The Problem with the Commission-only Business Model

Jan. 3, 2019 by

Before we begin, I need to declare that I know many fine people who are Business Brokers and Real Estate Agents. The problem rests with the conflict of interest pushed upon Business Brokers and Real Estate Agents by their business

“How to sell a business” – listen up Financial Planners!

“How to sell a business” – listen up Financial Planners!

Dec. 13, 2017 by

I was procrastinating.  Attempting to prepare for a workshop I am leading next week on the 4Ps Value Maximisation framework (link here if you don’t know what I’m talking about), I began looking at variations of two questions in Google

Exit strategy – why you should always keep the end in mind

Exit strategy – why you should always keep the end in mind

Dec. 5, 2017 by

Guys, its exit strategy time. Tony says take action… you should probably do as he says.  Check out what Tony is offering – the key is that you ask yourself some very important questions about how you want to spend

Small business valuation methodology

Small business valuation methodology

Nov. 29, 2017 by

Just as Adam Smith’s “All money is a matter of belief”, so to valuation is a matter of belief.  It is for this reason that there is only one small business valuation methodology that counts – the valuation method a

Sell a business in 3 months – Here’s how I prepare

Sell a business in 3 months – Here’s how I prepare

Nov. 15, 2017 by

Whilst far from ideal, if I had three months to sell a business, the following would be my plan of attack. It is a big deal to sell a business.  It represents a transfer of sometimes life-changing wealth between the

A PhD level Crusade against Profits

A PhD level Crusade against Profits

Oct. 27, 2017 by

I get it, Profits are good, Losses, not so much. This brief monologue will have some of your scratching your heads wondering why I bothered – you can find these guys in the comments section below, while the others will