New AI phenomenon ChatGPT has the potential to be a big disruptor. For business owners, it highlights just how the best laid plans can come undone, and there is no perfect time to sell.
Back in June 2024, I had the chance to chat with Tom Waterhouse on The Troubleshooters Podcast. We covered a lot of ground, but one topic really stuck with me—the big question most business owners face after selling: what’s next? It’s something I hear all the time from clients, and Tom’s experience sheds light on that particular dilemma.
I’ve been predicting the demise of the grocers for three decades! By and large I’ve been wrong or let’s just say it’s taking longer than I expected. Carrie LaFranz in last week's AFR has an interesting take on this subject.
James Thompson has written a piece in the AFR citing Gary Wiess' advice to CFO’s, suggesting, they focus on the numbers, “of course.”
He goes on to say “At the very basic level, it is the accumulation of the financial data in a cohesive, coherent manner that can be understood.” Sounds simple but as Weiss says, “it’s not always a given.”
In business, opportunities and challenges coexist harmoniously. This is why understanding tax implications can significantly influence the success or failure