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Finding Senior Level Talent for SME Business Owners

It is well documented that SME business owners often find it difficult to find quality staff to help grow their business. The degree of difficulty in attracting talent is enhanced when the business owner needs senior level talent. There are however talented senior leaders well suited to working in a small business so how are these people found?

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Introduce Capital and Innovation Through A Gradual Ownership Transition

A recent report from Westpac highlights some very interesting aspects surrounding businesses older business owners facing transition. In short, older business owners are less likely to invest in innovation and capital to expand and grow their business as they are very focused on “how to get out” and “spend more time on lifestyle options”.

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Management Buy Out vs Management Buy In ?

We sometimes come across business owners working in their business who explain they have a staff member or members identified who will buy them out when they are ready to exit the business (MBO). This can be a great option and the person is usually someone who is loyal and trusted and often a gradual process is introduced for this person to transition into the business. It can however also be an easy or comfortable option that may not always be the best solution for the business or the owner.

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Are Some Baby Boomer Business Owners Delaying Their Exit?

The expected bulge of baby boomer business exits has attracted increasing speculation throughout the last decade.

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SME Ownership Succession Dilemma

Leadership is core to New Zealand business, the economy and our future. The leadership talent pool available to New Zealand SME’s is shrinking rapidly. The trends show that attracting and retaining leadership talent will fast become an even greater challenge for New Zealand business

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SME Ownership Transition – Governance is Key

So you have decided on your exit strategy and gradually transitioning to a new owner is the plan. How do you ensure that your SME business prospers and remains focused when transitioning during this period? Strong governance of course.

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Rewarding Challenges in an SME Business

January is the time of year when many corporate executives reassess goals and contemplate the challenges ahead. It is also a time where job satisfaction and longevity are often front of mind. Many just look for another corporate role but there are other options for those brave enough to take them.

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Management Buy-In For SME Business Owners

Most business owners understand the general concept of a Management Buy Out (MBO) where existing staff agree to buy out the owner. What is less understood is a Management Buy-In (MBI) from an outside leader.

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A Business Partner Can Help Drive Your SME Business to the Next Level

Additional complementary skills and capability are often needed to turn great business ideas into commercial success stories. While advisors and consultants can add value, what is sometimes required is the business owner partnering with a talented person who can work in the business in a full-time capacity to help drive it forward.

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Look a Little Further Down the Road and Around the Corner

So often in established businesses and with experienced long term owners the struggle is getting out of the looking ‘at the road directly in front of your wheel’ and look ahead. Does that investment make good sense next year? Does that new person have the capability to add more value than just gap filling today? Do my systems keep me on the road, so I can look further down and around the corner.

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Stepping back from your business – Graeme’s dilemma.

Graeme's business continues to demand his full-time involvement and not always in areas where he believes his time is best spent. He’d like to focus more on a good opportunity he has identified to grow sales.

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An Alternative Business Sale Option

What many business owners don’t realise however is that not all businesses that are marketed for outright sale actually sell!

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Sell Your Business Gradually and Reap the Rewards

For many business owners, succession planning is a subject that can easily be put off when juggling the demands of running a busy business

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