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The Hurdle Race of Business |
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By Bob Power The similarities of winning a hurdle race have a strong bearing on entering and succeeding in business so let us look at these similarities. The race being of 110 metres long and 10 hurdles to jump. |
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By Bob Power It must be emphasized that buying a business can be stressful, including pressure on the family, especially financial constraints. Moving from being an employee to an employer is a big void, and becoming the boss scares many employees from taking this route. You are now in control of the business so must accept the risks and liabilities of the business, but if you get it right you reap the rewards. |
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The sellers due diligence |
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By Bob Power For many years the due diligence investigation was carried out by the buyer on the seller. However, with the new dynamics in our country, and the substantial increases in the buying of businesses in the SME markets, it is often found that the buyer cannot raise the finances for the purchase, and often knows little about the business he wants to buy. |
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By Bob Power It must be noted at the outset that this article is aimed primarily at the mergers and acquisitions (M&A) market. |
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