Blogs

You will not get a Superman or Wonder Woman if you hire a salaried GM for your small or medium-sized business. A Business Partner however with skin in the game will accelerate your business and can be a succession option.

Could engaging with a talented Business Partner with capital be a business growth or succession option for you ?

A Business Partner is not like a GM that you hire on a salary to work in your business. You need someone who thinks like you.

Having a plan for after you exit your business is just as important as having a plan for the exit itself. Here's why:

A gradual business exit will give you a greater choice of people.

Platform 1 are experiencing unprecedented demand from people looking to acquire skin in the game in an existing successful business. People who have been on our database for some time are now feeling more confident to move and contact us. Our new business owner transition opportunities in January and February have also had 4 or 5 times the enquiry level compared to the same time last year.

Deciding when to exit your business is a critical decision that depends on various factors, including your personal goals, market conditions, and the state of your business. Here are some factors to consider when determining the optimum time to exit your business.

Overcoming procrastination when considering exiting a business can be challenging, as it involves making significant decisions about the future. Here are some strategies to help a business owner overcome procrastination in this situation.

The concept of "skin in the game" refers to having a personal stake or investment in the outcome of a situation. When someone has skin in the game, it means they stand to gain or lose something based on the success or failure of a venture or decision. This principle is often associated with improved performance and decision-making. Here are several reasons why individuals with skin in the game may perform better than salaried employees.

Exiting a business is a monumental decision that requires careful consideration of various factors. While many entrepreneurs might be inclined to opt for a swift and complete sale, a gradual approach can often prove to be a more strategic and beneficial choice. In this blog, we explore the advantages of a gradual business sale and why this method is gaining traction among savvy business owners.

It’s been a hectic year for many business owners with the economic climate and the uncertainty that always comes along leading into any election. This one got drawn out and now the coalition government is finalised, we have drifted closer to Christmas.

If you have been contemplating succession it may be tempting to pack up and come back in February or March however you will be missing out on the people wanting to get into a business now.

Maybe you have been talking to Platform 1 or others for some time and trying to pick when to move forward - however waiting is a guessing game