Lawyer, Property Investor And
ASIC Licensed Debt Specialist
Head of Commercial
It’s a fact. The most expensive and risky part of building a business is the start-up phase. And that’s why half of all new businesses fail in the first few years. But what if you were able to skip this start-up phase by taking over existing businesses… so that you could avoid a lot of the stress, and jump straight to potentially generating cash flow and profits? That’s what The Business Turnaround Summit is all about.
Whether you’re a business owner who wants to grow by taking over competitors or expanding into new markets, or you’re an entrepreneur looking for new opportunities, this is YOUR event.
You can generate a steady income from business turnarounds. You don’t have to wait months or years between paydays like with property or investments.Register now
There is a massive surge of retiring baby boomer business owners eager to sell, which means there are great deals right now.Register now
New federal laws mean that you can structure these deals with minimal risk. In many cases, you may not even need to pay for the business, so you have no skin in the game.Register now
You can create a consistent stream of cash flow to fund your lifestyle or other investment opportunities. The beauty of taking over an existing business is that it’s virtually set-and-forget.Register now
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. She holds an ASIC credit license, an ASIC financial services license. 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.
Michael Criss is the Head of Commercial at Equifax, Australia’s largest provider of personal and business data.
Equifax is the ‘go-to’ source for information about business. It has been collecting data in for 50 years, and holds records on 16.4 million credit-active individuals, 3.6 million companies and 3.4 million sole traders.
At the Business Turnaround event, Michael will talk about trends in business, what’s ahead for Australin business in the coming months – and he will show you how to use available data to protect yourself and make informed decisions.
Now is the perfect time for Business turnarounds in Australia. It took long time for all these indicators to align.
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 boomers own as many as 75% 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.
The economic downturn has had a crippling effect on small and medium enterprises.Last year, there was a 15% jump in companies entering external administration according to the Australian Securities and Investments Commission (ASIC) and debt collectors have reported a spike in business-related collections. Many of these businesses can be saved and be made profitable again.
Up until recently, there was a lot of risks 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 under the Corporations Act. The government introduced new legislation to encourage business takeovers and turnarounds.
Where to find a big pool of businesses. What to look for. How to make first contact with the owner.
Here is the strategy I use to select businesses that are worth investing time in.
Discover how to take control of a business without financial risk or skin in the game by using new ‘safe harbour’ laws.
You do not need to pay lawyers or accountants tens of thousands of dollars in fees.
Take advantage of ‘due diligence holiday’ legislation to get a business back on its feet as soon as possible.
Or how to set it up to generate consistent income.
Secure your tickets for the event now to discover how to structure these deals with minimal financial risk.
Introducing A 3-Step System To Takeover & Turnaround Businesses
For Profit With No Money Down And Minimal Financial Risk
List of distressed businesses for each state to view and monitor
Judgement and Court lists.
* Will be delivered electronically
In this book, Dr. McKaskill explains that if handled effectively,
acquisitions have the potential to provide a business with major growth potential. He provides a pragmatic acquisition guide for growth-oriented, medium-sized businesses.
In this book, Dr. McKaskill looks at the challenging and rewarding life
lived by entrepreneurs, as well as the skills required to excel in this area. In addition to energy, passion and optimism, entrepreneurs need to acquire abilities such as managing cashflow and risks, as well as skills in managing people. If you are considering becoming an entrepreneur or have already embarked on this career path, this book will be a salve for your soul.
A comprehensive legal kit providing you standard template
documents to put your deals together, including:
Enjoy express registration and front section seating where you
will get to sit in the exclusive VIP seating.
Meet new contacts, talk with sponsors and experience Business
Turnaround Summit in the heart of it all
Specialised coaches who will personally work with you to
overcome any roadblocks you may be facing, answer any questions you may have and hold your hand as you plan your next steps.
“I didn’t put a single dollar of cash into buying this business. How I structured was I used a combination of vendor and bank finance.”
(Owner & Managing director, Staged Homes Pty Ltd)
“Taking over an existing business, the clients are there, they just ring up, they send an email, they expect their orders to be delivered ..that’s instant cash flow and productivity.”
(Partner, ST Fabrication)
Many business owners start with a goal of having a successful business. But what makes a business successful? The answer is that it depends.
Everybody will define business success in different ways. Some people get into business for the express goal of making money. Others have a purpose or vision to help people and change the world.
Whatever your reasons, here are some ways to figure out how to make your business successful.
First, define your business goals. Why do you want to start a business? More importantly, why do you want to begin THIS business? If you have a purpose other than to make money, it can help you through the tough times ahead.
Second, sketch out a plan for your business. Your business plan does not have to be in full detail. It will inevitably change over time. But you do need to have a broad understanding of how you plan to achieve your business goals.
At the Business Turnaround Summit, you can discover more strategies to help you build a successful business. If you’re interested in finding out more, secure your seat.
The majority of businesses go broke in the first few years.
And even many businesses that start off making money run into cash flow problems and end up in liquidation.
Is there any way to prevent this from happening? The answer is, “Yes!”
Here are some action items you can take to help a business to maintain profitability.
First, grow your customer base. The more customers you have, the more revenue you can generate. Revenues are the lifeblood of a business and can help you to get through profit slumps.
Second, get paid your invoices. If your customers are slow to pay, it can starve you of cashflow. This can prevent you from taking the steps you need to stay profitable. At the Business Turnaround Summit, you can learn how to get customers to pay you on time.
Third, stop creditors from demanding cash. Sometimes you will have slow months where there’s a lot of money coming in. And as a result, you fall behind on repayments to creditors. This situation can be devastating for a business. That’s why it’s essential to know how to get breathing space from creditors.
If you want to know more about how to maintain business profitability, secure your seat at the Business Turnaround event or read our blog on tips on buying distressed business.
If you want to know how to turn a business around, then this will interest you.
The DG Institute hosts a complimentary live event that focuses on this topic. At the event, you can discover how to take over and turnaround businesses for a profit with little or no money down and minimal risk.
The most expensive and riskiest part of starting a business is at the beginning. Most new businesses fail within the first few years.
But when you take over and existing business and turn it around, we can skip this dangerous stage.
Many people don’t know how to find and turnaround a business. That’s why we developed this event; it’s the only place you can discover Dominique’s system. Whether you won an existing business or you’re new to business, the strategies you’ll discover at this event will be eye-opening; they can potentially save you a lot of money, hassle and time.
If you want to find out more, then secure your seat for the next business turnaround event now.
Many business owners struggle to figure out if their business is profitable. It is hard to know what to look at because there are so many numbers and reports to check.
At the Business Turnaround Summit, we teach you how to get clear on the most important figures. But here are some tips to help you get started.
First, you need to understand your net profit. This figure is your revenue minus your expenses. If the number is greater than zero, you are profitable. If it’s less than zero, you are losing money. And zero means that you are breaking even.
Second, you need to know your gross profit margin. This number is your sales revenue minus the cost of goods sold divided by sales revenues. Gross profit margin tells you how much money you are keeping from each sale. It’s essential for manufacturing businesses in particular.
These two numbers alone will give you a good indicator of the health of your business. But they are not the only significant numbers.
At the Business Turnaround Summit, you will discover several strategies to work out the health and future potential of a business.