NEWS
Book Review of ‘Brand it like Serhant’ by Ryan Serhant
Ryan Serhant is one of the most successful and the most well-known real estate agents in the world. You may have heard of him as he currently has his own top rated Netflix programme called ‘Owning Manhattan’ and was previously on ‘Million Dollar Listing New York’ – both are my…
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MBO Deal Completed
We at Snowball Group are delighted to have just completed the complex eight-figure Management Buy Out of the North West headquartered Full Circle Events & Exhibitions & Psycho Peacock businesses. Full Circle are an end-to-end event exhibition business with in-house graphics provided through its sister company Psycho Peacock. The group…
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23 BEST PRACTICES TO PREVENT FRAUD
Following on from previous comments and articles on fraud and preventing it, you should never rely on your auditors to spot everything, and this is especially the case given so many of the high-profile failures we’ve seen have included failures by the auditors. Here is a list of 23 best…
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Book Review of “Quiet Leadership: Winning Hearts, Minds and Matches” by Carlo Ancelotti
This month’s book review is another good one. It is a book written by Carlo Ancelotti called ‘Quiet Leadership’ and very timely given earlier this month Carlo as manager of Real Madrid, won this year’s Champions League. This was his fifth win as a manager, making him the most successful…
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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). We are regularly asked to explain how these work and therefore thought it would be worth explaining the whole MBO process and considerations in a bit more detail. …
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Book Review of “Damaged Goods: The Rise and Fall of Sir Philip Green’ by Oliver Shah
This month’s book review is the really good story of the rise and fall of Philip Green and if even half the story is to be believed, then whilst he and his wife may have seen lots of the rises, everyone around them experienced many many falls!! The book…
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EIS USE DOWN BUT STILL A GREAT SCHEME
Surprisingly the number of deals and the amount invested under EIS (Enterprise Investment Schemes) fell last year by 15%. The number of companies raising funding through the scheme fell from 4,480 to 4,205 last year, raising just under £2bn between them, down from a record £2.3bn the previous year. …
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Cashflow & Funding Risk
Cash is King! Cashflow is the lifeblood of any and every business and a lack of cash to pay bills as they fall due has crashed many a seemingly profitable, successful business. A business needs to plan and monitor its cashflow and the timings of those cashflows to ensure…
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Book Review of “Going Infinite – The rise and fall of a new tycoon’ by Michael Lewis
This month’s book review is from the award-winning author of Moneyball, Liar’s Poker and many more, Michael Lewis. This is the story of Sam Bankman-Fried, commonly known as SBF, the 32-year-old, and formerly one of the world’s youngest billionaires, who founded the crypto-currency exchange, FTX and saw its meteoric…
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