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.
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...
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...
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...
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...
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...
