Dominique Grubisa is an award-winning entrepreneur who has built several multi-million dollar enterprises.
She is also a commercial lawyer with years of experience. And as an educator, she has taught more than 3,000 graduates how to grow their wealth and protect assets.
In 2018, Dominique won the Silver Stevie Award for female entrepreneur of the year in Asia, Australia or New Zealand. And she has shared the stage with social media and business guru, Gary Vaynerchuk.
This unique combination of experience means she has the business, financial and legal knowledge to structure profitable turnarounds with little or no risk and no money down.
Now is the perfect time for Business turnarounds in Australia. I have been waiting for all these indicators to align, for a long, long time.
The Americans have been doing this for years and many of the richest people in the US are merger and acquisition specialists.
But it’s only really possible in Australia now because of a series of recent events:
Baby boomer own as many as 30% of private businesses. Right now, there is a surge of baby boomers who want to retire and they are facing a challenging time selling. There is simply not enough of the younger generation to take over existing concerns. This means there is a huge supply, a lack of demand and a lot of motivated sellers.
Low inflation means that people are not spending money. This has had a crippling effect on businesses. In the last 12 months, there was a 20% spike in companies winding up. And there was a 40% increase in private businesses winding up. Many of these businesses can be saved and be made profitable again.
Up until last year, there was a lot of risk associated with taking over a struggling business. Our legal system ‘punished’ people for trying to save a business. But in September 2018, that all changed with ‘Safe Harbour’ Laws. The government introduced new legislation to encourage business takeovers and turnarounds.
All of these events have aligned to make a once in a lifetime, perfect storm for business turnarounds.
If you’re ambitious, an action taker, and can follow step-by-step instructions, then don’t delay. Secure your spot at this complimentary webinar now.