Category Archives: Selling My Business

Selling My Business – What are my options?

“You’re a scumbag don’t you know” was beating out from the stereo in the WIT Arena this morning. Pure motivation or was it?  I was making a very poor attempt at a hover sprint in a gruesome spinning class. The words of an Ed Sheeran song came to mind “my legs don’t work like they

Should I Stay or Should I Go Now?

Should I Stay or Should I Go Now? Should I stay or should I go now? If I go, there will be trouble And if I stay it will be double So come on and let me know [The Clash] Last week we looked at excess cash in your company when transferring shares. In case

Management Buy-Out. How Can This Work?

It sure is exciting times on the sporting front. An epic match between Kilkenny and Wexford last Saturday that had huge drama. Great scores, serious hits, a sin-binning, and hawkeye. When Conor McDonald flicked the ball to the net with time almost up I wasn’t a happy man. I was feeling quite nauseous at that

Do’s and Don’ts When Exiting Your Business – Part 2

First off, a very well done to all those who organised and participated in the Waterford Marathon. It was virtual of course and especially well done to those that did the full marathon. Not easy when virtual and in the middle of Summer. I got around the half ok and had a nice comfortable, hill

Do’s And Don’ts When Exiting Your Business

I was out for a gentle stroll to keep the legs moving before the Waterford half marathon this weekend. When I say gentle, think barely moving or a fast walk. As one local wag said to me before when I was out running “I thought you did a bit of running” as much as to

Entrepreneurs Relief – Yes And No

Hello there from Tramore. I won’t lie it’s not the sunny southeast today. There are a few blackbirds huddled outside the window here, taking shelter. There are grumblings about the wind, the rain, and the expectation of Summer weather. Waiting to pounce for the rich pickings in the garden below. We took a spin up

Disposing of your Business – Company Liquidation

We have to give CJ Stander a mention. He announced his retirement in a dignified and understated manner. He could continue to play for another few years and earn great money. But for him, it isn’t about the money but a desire to return to his family in South Africa. Us ordinary Joes view the

Options To Exit My Business – Part 2

I am meandering my way through Sean Gallagher’s book ‘Secrets to Success’. The book is excellent. The focus is on the success stories of many Irish businesses that we know something about, but not a lot. I recently read about Done Deal. It was set up in 2005 by Fred Karlsson and his wife Geraldine

Options To Exit My Business – Part 1

It’s a nice calm day in Tramore. Although there is a lonely wave or two creeping over the prom wall. Waiting to engulf an unsuspecting passerby. The Metalman is visible and surveying the bay for early morning swimmers. All that is missing is a whistle and a warning light to assume the role of an