With recession looming, companies are seeing their costs increasing and margins being squeezed. In today’s podcast Kevin Uphill, Chairman of Avondale, is joined by Simon Dodson of Expense Reduction Analyst, leading cost optimisation consultants, to discuss how to keep profits in the business through cost reduction and how to run a lean business model…
For clients thinking of buying or selling companies Capital Gains Tax (CGT) has by far the biggest impact and so far, there is no indication that the CGT rate has changed in this mini-budget – which is good. The trickle-down economic strategy that the new team in No 10 has adopted of trying to grow…
INDUSTRYSecurity & Health & Safety Vindex Systems, a leading systems integrator that delivers intelligent business protection solutions, has been acquired by Johnson Controls, with Avondale providing negotiation advisory services. Delivering turnkey security solutions, including system planning and design through to implementation, installation, support and maintenance, Vindex Systems has built a reputation for outstanding technical capabilities…
Whilst we do not believe that the perfect sale, whether trade or otherwise, exists, in this insight we share some ideas that will help you get as close as possible to your perfect sale. Although predominantly written for sellers, there are a few points that are relevant or even specific to buyers. The Decision to…
INDUSTRYLeisure Carlton Bingo, a leading operator of bingo clubs across Scotland, is pleased to announce the transfer of ownership to their more than 200 staff through establishing an Employee Ownership Trust (EOT), with Avondale leading the process every step of the way. Formed in 1998 through a management buyout of the bingo interest of Taylor…
An exit strategy is a plan to create succession or liquidate the value of shares. A successful exit will focus on profitable value and ideally realise the goodwill inherent in a business; that being the customer loyalty that results in both current and future profitable revenue. Some corporates will also divest non-core assets to realise…
This article is contributed by our lead professional trustee firm, Independent Directors and Trustees (IDT). Any opinion expressed or advice is IDTs. The content is considered useful Continuous Professional Development material for owners considering an Employee Ownership Trust. If you have any questions or enquiries, please email us at av@avondale.co.uk or contact IDT directly quoting…
Acquisitions can propel companies to competitive advantage faster than organic growth can deliver. Carried out well, they can grab headlines and secure ‘CEO saviour’ or ‘leader’ reputations. Carried out badly they can also destroy value and create ‘CEO scoundrels’ as we saw with the UK’s Sir Fred Goodwin’s ABN AMRO purchase; poorly delivered and overpaid…
We call it shareholder fatigue. Quite simply, the owners no longer see eye to eye. Often this is driven by exhaustion and frustration; there is no common vision or there is a lack of agreement on the direction of the company. Sadly, it can also be driven by work ethic, with many owners believing and…
INDUSTRYWholesale & Distribution Jacksons (Clear Glass) Ltd is a UK supplier of china, glass, disposable packaging, cleaning products and more in the hospitality market, with a focus on high-quality offerings. The directors are pleased to announce their completed sale and transition into an Employee Ownership Trust (EOT). Founded in 1927, Jacksons have spent the past 90+…
