What does an exit plan look like?

In one of his finest post-Beatles numbers, John Lennon sang, “Life is what happens to you while you are busy making other plans.” It’s pithy and it’s pragmatic, but when you are writing an exit plan, ...

The generation game: Why you need an exit plan for the family business

In 1999, Pierce Brosnan’s James Bond received one final piece of sage advice from Desmond Llewelyn’s irascible but beloved Q. “Always have an escape plan,” he said, and with that, Llewelyn gracefully ...

The Concept of DNA and How it Applies to Business

  In my last article I redefined the family business, highlighted some differences between family and non-family businesses, and explored some of the advantages and disadvantages of a family business....

The Reason Why I’m Not Retiring- Ever

I have no intention of retiring. None whatsoever. Even though I have spotted a few grey hairs now (how come you never spot them unit they are fully grown – at full length?) I’m not saying that because...

What to Do if Someone Wants to Sell Your Business?

Next time you get back to your desk and pick up your messages, you may find an unnatural twist to your day. You may find that some someone is trying to make you an offer you can’t refuse – to sell you...

How FEL Can Help SMEs Get the 'Biggest Bang for the Buck'

What's FEL I hear you ask? – It stands for Front End Loading, also called early project planning. It is an important stage in the development of major projects in capital intensive industries, for exa...

Here's Why You Must Start your Succession Plan Today

No matter the size of your business one of the most pressing issues in longer term planning for business is succession planning. Just take a look at any business, successful or otherwise, and particul...

10 Key Tips for Preparing Your Business for Sale

Now the recession is over you may at last be wanting to exit your business and realising the Enterprise Value you have painstakingly built up over the years.  Here are ten key tips to preparing that r...

Begin with the end in mind, says social entrepreneur

When starting a business, one should begin with the end in mind, says Rumeet Billan, on huffingtonpost.com. While this might seem counter-intuitive, Billan believes that entrepreneurs should fully con...