Exit
How to improve the value of your business
SPONSORED EDITORIAL As a business owner contemplating an exit, you need to be strategic but opportunistic. While your levers of long–term business value are your people, physical assets, intellectual property and relationships with customers and suppliers, these take time to improve – time you may not have. So, what can you do to quickly increase [...]
The art of simplicity
If the simplest ideas are often the best, it stands to reason that simplicity is the essence of successful business. Growing companies are confronted with complexity every day. We asked three busy professionals to weigh in on the art of simplicity.
Grooming your business for exit
Pointers for maximising value when selling your business Getting the best price when selling your company is a little like selling a property or vehicle – you should groom your business before you exit and consider who will make the best potential buyer. With forethought and planning you can attract more purchasers and maximise the [...]
Media shake up – only the moguls will gain
The Packer deal took everybody by surprise. It coincided perfectly with the media reform announcements, but in fact had more to do with maximising shareholder value than with media reforms.
Here we go again
Everyone knows that business is all about cycles. What goes down must go up, and vice versa. With my dot-com scars so recently healed, I am loathe to be trumpeting another technology boom. But things are certainly afoot.
Built to flip
Some companies are built to be sold. The intellectual property and business processes are bedded down and bundled into a transferable package. Find a market gap, identify potential buyers, build it, drive home the value and make the trade sale. And then, if you enjoyed the ride, do it again.
Business valuation… a black art?
Value, like beauty, is in the eye of the beholder. While experienced investors use a range of tools to calculate the worth of a start-up or early stage company, some also believe that valuation is more art than science. So what is this ‘black art’ and how do experienced investors make their decisions?
The buck starts here
Early stage venture capitalists are entrepreneurs, too! They’re switched on, chased up and brimming with ideas on how to breathe life into commercial opportunities. But first they have to be convinced that it is an opportunities. But first they have to be convinced that it is an opportunity. Paul D. Ryan persuaded five of Australian’s [...]
‘The Buck Starts Here’ podcast
In the final days of September 2005, Anthill editor Paul Ryan caught up with five of Australia’s leading early-stage venture capitalists. The meeting turned into a feature story. The feature story turned into a networking event, which we offered as a fly-on-the-wall audio CD. Now you can download/listen to it as a full podcast, which includes the previously unreleased Q&A session.
Legal: Talking term sheets
Venture capital financing is a complex transaction and involves significant commercial risks for all parties. Many founders simply sign the term sheet presented to them by a venture capital fund without fully understanding the impact of provisions such as price ratchets, participating liquidation preferences, redemption rights, lock-ins, drag-alongs and put options. It is critical to [...]









