NEWS
BUSINESS SALES – SHOULD YOU RUSH A SALE JUST TO SAVE THE TAX ?
The Autumn Budget 2024 has brought significant changes to the tax landscape, shaping new challenges and opportunities for those considering selling their businesses. As the market recalibrates, it is essential to understand how these changes might influence a sale strategy. The headline adjustment for business owners is the increase…
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GM ADVANCE FUNDING
Last month in the news items, I referenced a new funding source for Advanced Manufacturing and Materials Investment from the Greater Manchester Combined Authority (GMCA) called GM Advance. Having since met up with one of the transaction managers in the team, I thought I would provide more information as…
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Book Review Eleven Rings by Phil Jackson
This month’s book review is ‘Eleven Rings: The Soul of Success’ by legendary basketball coach, Phil Jackson. Phil is widely regarded as one of the greatest coaches in NBA history, not just for his tactical brilliance but also for his ability to inspire and unify players. His career is…
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Book review – A Colossal Failure of Common Sense by Larry McDonald
This book is the inside story of the collapse of Lehman Brothers, by Larry McDonald, a former vice president at Lehman. He offers an insider’s account of the dramatic fall of one of Wall Street’s most iconic institutions. The book is co-authored with Patrick Robinson. McDonald’s shares his own journey into…
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MANAGEMENT BUY OUT DEALS (MBO)
We are currently busy advising and completing many Corporate Finance deals including several Company Sales and Management Buy Outs (MBOs) and we are regularly asked to explain how these work and so thought it would be worth explaining the whole MBO process and considerations in a bit more detail. …
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Trade Sale Completed
We at Snowball Group are delighted to have just completed the trade sale of Calvin Marketing to TMC Strategic Communications. Calvin Marketing, a successful PR and marketing agency in Cheshire has been in business for 29 years and originally set up by Diana Stephenson. Calvin has worked with high-profile clients…
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ENTREPRENEURS CONFERENCE
A few weeks back I attended the National Entrepreneurs Conference, an annual event I attend in Birmingham, organised by Entrepreneurs Circle. Every year it has a theme that is seen throughout the couple of days event and this year the theme was ‘PERSISTENCE’ and all the speakers and sessions…
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Book Review of ‘The 5AM Club’ by Robin Sharma
I’d heard about Robin Sharma for some time now and seen his name pop up about his work on leadership, personal development and self-help. His ‘5AM Club’ book had been on my reading list for some time, so it was one of the books I took on my recent holiday. …
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Tips for Building Financial Models
At Snowball we produce a lot of complex financial models, whether they be for management accounts, projections, cashflows or for corporate finance transactions such as acquisitions, sales or management buy outs. This will often include modelling to incorporate different scenarios and sensitivities. A well-constructed financial model allows you to…
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