October 17th – 18th (Livestream)
12 month’s access to our members-only resource portal, you will have everything you need to succeed:
Access to complete our comprehensive online course, designed to give you the fundamental knowledge you need and to push you to implement the learnings for maximum impact, supported by our experienced tutors.
A comprehensive legal kit providing you precedents and the standard template documents to put your deals together, including:
12 month’s access to the leading publisher of do-it-yourself legal documents, forms, and contracts.
12 month’s access to our custom-built online platform for sourcing businesses, including:
ABOUT BIZ– Australia’s comprehensive source of information for private companies, covering over 8.2 Million Australian entities, with information such as:
RETIRING DIRECTORS REPORT – (sent biannually)
GAZETTES – lists for each state provided weekly to view and monitor Judgement and Court lists.
12 month’s of specified business program email support for your business deals with access to our team of experts who are there for you to leverage off and to support you.
Lifetime access to our Members Only Forum for networking, money partners, deals and other opportunities within our community.
Lifetime access to our monthly webinars to keep you up to date.
Exclusive access to our Finance Department and our dedicated Peer to Peer and JV Funding Group – Open Network Funding.
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.
“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)
“Within a month we found our first business turnaround project. I can’t thank DGI and the team and the program and everything they offer enough!”
“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)