Legal Propulsion Lab
“If business schools could offer just one course, it would not be on stock trading, the efficient market hypothesis or modern portfolio theory. Rather, B-schools should be encouraging students to learn the boring, but critically important, discipline of business valuation.” Warren Buffett I couldn’t go past this quote from Warren Buffet that so neatly points [...]
Great business ideas are a wonderful thing. There is tremendous energy in finding yourself passionately believing in an idea. It is one of the great creative moments of life. A lot of satisfaction and fulfilment can be squeezed out of the creative challenge of dreaming up a new business. The big question though is: What [...]
American Caesar By William Manchester Rating: Gold Few lives have been writ larger in human history than the life of Douglas MacArthur. While legions of critics denounced him, there were times when MacArthur was one of the most popular people in America. He had a tendency towards theatrics and was suspected of majestic aspirations. Some [...]
Hope and visions of a better future are essential when deciding to buy a business. Without that ray of hope, we’d never dare take any risks. Buying a business is usually a life-changing event – for better or worse. So, do everything you can to make sure when you take that plunge, it actually improves [...]
If you are thinking of joining Groupon or a similar discount program be wary. The sales pitch sounds good and the lure of new customers is understandable, but you must get the maths right. Many businesses have ended up on the rocks because they didn’t understand all the costs that went into the sale of [...]
Buying a business is horse trading. As any good haggler knows, you need to go into the negotiations armed with reasons why the sale price should be lowered. Here are some tips that may help you to pay less to buy a business. Some of these tips are ways to justify your insistence on a [...]
Unfortunately few people understand why due diligence is important. They don’t realise due diligence can be a clever way of increasing the value of a business. If you properly prepare for due diligence you can literally make money from your efforts. A satisfactory due diligence finding may enable you to get a higher price from a purchaser [...]
Don’t dread the idea of submitting your business records to due diligence. Embrace the process! It is a great opportunity to make money for comparatively little effort. This potential for increasing your business valuation is often not well understood. It is all tied up in boosting the confidence of the purchaser or investor. Too often [...]
Can you still use equity to reward your key people? The general rule under the Employee Share Option Plan (ESOP) provisions is that people receiving an ESOP interest at a discount must include that discount amount in their assessable income in the year of acquisition. This will be the case unless there is a “real [...]
Will your website or product pass the crucial Blink test or will it suffer the cold fate of being ignored and bypassed despite its deeper merits? First impressions really do count and failing to grab attention or to spark interest in those first few seconds can be fatal to a company’s success. In his best-seller, Blink, [...]
Will your website or product pass the crucial Blink test or will it suffer the cold fate of being ignored and bypassed despite its deeper merits? First impressions really do count and failing to grab attention or to spark interest in those first Continue Reading
The long term benefits from protecting your intellectual property rights are undeniable. However, until you get a good grasp on how you can protect a business name and your other intellectual property protection, it can all seem too Continue Reading