Posts by Jacob Aldridge
How the Accountant Nearly Killed the Deal
If it sounds too good to be true…maybe you just don’t understand the deal. This Accountant couldn’t understand how a small business valuation could be so high!
Read MoreProfit is Past, Risk is Future.
We sold this Australian small business for a Valuation of Profit x 26. Here are the 4 reasons we used to convince the Buyer to happily pay so much more.
Read MoreValuation Methodology Principles for Selling a Small Business
Yesterday we met the Australian small business I helped sell for 250 times profit. Today we look at Valuation Methodologies and why accountants are handcuffed.
Read MoreHow We Sold the Business for 250 Times Profit!
The average small business in Australia sells for a Multiple of Profit x 2-4. Learn how we Valued this business at $5.8 million and sold it for Profit x 250.
Read More2021 Queensland Business Grants – Help Program
Over my 15 years helping small and medium sized businesses across Queensland, many have benefited from Government Grants to help release some cash flow to fund their next strategic step. In May & June 2021, the government is releasing two new grants – and you may be eligible: Business Basics – a $5,000 Grant to…
Read More28 Essential Technology Startup Business Terms
One of my “bricks and mortar” business clients is expanding into the digital world, having identified a sizeable opportunity. This has meant engaging some technology partners and planning a capital raise, which I have been asked to oversee. We had the first meeting with the chosen partners last week, and after all the chat about…
Read MoreMy Pond Theory Part II, or How Social Networks Avoid Failing [Archive]
Originally published on the Shirlaws Business Coaching Blog, 2007-2010. How to change So I think I have the answer to why, as they currently exist, social networks must ‘fail’. (You will have noted I put ‘fail’ in inverted commas. Many will succeed in their own way, by staying small and avoiding this issue. Most of those…
Read MoreMy Pond Theory, or Why Social Networks Must ‘Fail’ [Archive]
Originally published on the Shirlaws Business Coaching Blog, 2007-2010. If social groups are valued by their size and Google ranking, why does my favourite site work so hard to remain anonymous? I’ve noted before that the main Social Networks (like MySpace and Facebook) each had their own position in the market, but are now pursuing the seemingly…
Read MoreThere are only four good reasons to have a business website [Archive]
Originally published on the Shirlaws Business Coaching Blog, 2007-2010. There are only four good reasons to have a website. So why do so many businesses choose reason number five? A recent web-based survey by AllBusiness.com indicated that only 55% of SMEs had a website. That means almost half do not have a website, and while I’m sure the…
Read MoreGet ready to execute your Post-Recession Strategy
November economic snapshot. Let’s talk execution! This month you’ll be pulled in many different directions. I’m here to remove some of the noise: Create a time for reflection, and celebrate your COVID Blessings. When bombarded with negativity farewelling 2020, ‘Decline the Invitation’. We are still in a Recession. Keep giving love to your clients. AND…
Read More