Welcome to the second half of ‘Conversations at the Coalface’ where Edward Chan discusses how to grow your business through acquisitions. Join us as Joanna and Ed discuss the risk areas when buying a business and how to effectively grow your business through acquisitions.
- The second risk area when buying a business
- What are tuck-ins?
- Ed Chan’s warning story about negotiations
- The third risk area when buying a business
- How to deal when the staff starts leaving
- The fourth and last risk area when buying a business
- How effective is acquisition as a growth strategy?
- What makes a successful acquisition
- So much gold in Wize mentoring
We are back with Ed Chan for the second part of Conversations at the Coalface: How to grow your business through acquisitions. Ed Chan, co-founder of Chan & Naylor Accountants & Wize Mentoring for accountants along with Joanna walks us through acquisition as a tool for business growth.
We hear more about the greatest risk being the vendor leaving and also find out more about the risks of staff departing and changes to the brand. We conclude with Ed telling Joanna what makes a successful acquisition and sharing a warning about negotiations that any business owner would find useful.
Connect with Edward Chan:
Listen to the episode here and leave us a review:
Our Business Sales and Acquisitions Services
Aspect Legal has a number of great services that help businesses prepare for a sale or acquisition to help them prepare in advance and to get transaction ready. And we’ve also got a range of services to help guide businesses through the sale and acquisitions process.
We work with clients both big and small and have different types of services depending on size and complexity. We provide a free consultation to discuss your proposed sale or acquisition – so see our show notes on how to book a time to speak with us, or head over to our website at Aspectlegal.com.au
Disclaimer: The material contained on this website is provided for general information purposes only and does not constitute legal advice. You should not depend upon any information appearing on this website without seeking legal advice. We do not guarantee that the contents of this website will be accurate, complete or up-to-date. Liability limited by a scheme approved under Professional Standards Legislation