When you’re buying a going concern your accountant will tell you to look hard at the figures to understand the performance of the company.
Tony Arena reckons those figures will only give you part of the picture. He says you also need to take a good look at the people running the business. That’ll give you a better idea of the risk. Could all the clients walk when the owner leaves, for example. Or conversely, was the owner widely disliked and inhibiting the business?
Tony is the Managing Director at BCI Business Brokers and runs buyafranchise.com.au. I talk to him in today’s program about dealing with people when you’re buying a business — the owner, staff and customers.
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Trusting Facebook and Google with privacy
Google has admitted to collecting data from unsecured Wi-Fi connections, while Facebook is being criticised for broadening the visibility of users’ content. Are we as a society starting to question where the big online players are placing the boundaries of our privacy?
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2nd May – Traitors, Adultery and Carney
A bad day for Theresa May, but could Facebook’s revamp be good news for divorce lawyers? And a day to say nothing for Mark Carney.
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Kyle, Trump and other freak shows
On Balls Radio, sadly for Brexit Labour and the Tories can’t even agree to disagree. And, with the Jeremy Kyle show gone, good riddance to bad rubbish.
