Dom, a dedicated member of the Institute of Public Accountants (IPA), has forged a distinguished career path marked by diverse experiences and an unwavering commitment to excellence in the financial realm, particularly in the domain of business valuation.
Embarking on his professional journey in public practice, Dom immersed himself in the intricacies of small finance company audits and the auditing of Self-Managed Superannuation Funds, all while pursuing his studies part-time. His early exposure laid a robust foundation for his future endeavors, including a prominent focus on business valuation.
Dom’s career trajectory guided him through significant entities such as the Business Services Division of Ernst & Young and later to Deloitte. Briefly venturing outside public practice, Dom seized a private franchise opportunity, offering specialized consulting services to private clients in the dynamic hospitality industry, often involving business valuation assessments.
Returning to his roots in public practice, Dom discovered joy in serving a diverse clientele, spanning private and public companies across various industries, such as mining, importing, retail, and hospitality. His multifaceted experience positions him as a key player in addressing client needs across a broad spectrum of services, prominently featuring his expertise in business valuation.
In addition to his pivotal roles within the Insight Advisory Group, Dom holds the distinction of being an Authorised Representative of Australian Unity, bringing a unique blend of expertise to his dual roles, often incorporating elements of business valuation.
Dom’s professional journey is characterized by a steadfast commitment to staying at the forefront of the financial landscape, contributing his expertise to the success of clients, and embodying the values of the Institute of Public Accountants, with a particular emphasis on business valuation proficiency.
If your business value gap analysis reveals a shortfall in business value then you will need to implement business strategies to improve your profit before you sell.
Knowing what your business value needs to reach means you can calculate your future profit, gross margin and sales targets.
Many business owners are emotionally attached to their business and the lifestyle that it affords and can put off the transition to new ownership for too long. Often we hear “if someone offers me a packet for it, we would go” but there are two questions that should be asked. Firstly how big a packet can you expect for the business and how much do you need for your retirement?
You have worked hard to make your business the very best it can be and now it is time to make sure you get rewarded for all that effort. The price that you achieve is impacted by many factors.
Make sure you put your business in the driver’s seat for the best price by securing a business succession plan now.
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