Exit planning – do you agree with the below?

#Exit#planning, Bo Burlingham provides the great quote of “You should build a business today as if you will own it forever but could sell it tomorrow…” Feel free to contact idisav to discuss your exit strategy considerations. You will be assisted by Thomas Cremona, who apart from being a qualified accountant has undertaken the exitContinue reading “Exit planning – do you agree with the below?”

Andrew Abela’s thoughts on joint ventures

As part of Thomas Cremona’s interview series on joint ventures, he had the opportunity to meet with Franks director, Andrew Abela, for his insights. Biography Andrew Abela is part of the fifth generation in the Franks family business, having built on the Franks’ legacy offering with the launch of Franks Gentlemen’s Essentials and the expansionContinue reading “Andrew Abela’s thoughts on joint ventures”

Anne Marie Zammit’s thoughts on joint ventures

As part of idisav’s interview series on joint ventures, Thomas Cremona had an opportunity to meet with Neriku Catering’s Sales, Marketing & Events Manager, Anne Marie Zammit, for her thoughts on joint ventures. Biography Anne Marie Zammit is a pharmacist by profession though, after spending the early part of her career in the field, sheContinue reading “Anne Marie Zammit’s thoughts on joint ventures”

Jonathan Shaw’s thoughts on joint ventures

As part of idisav’s interview series on joint ventures, Thomas Cremona had an opportunity to meet with Welbee’s CEO, Jonathan Shaw, for his thoughts on joint ventures, including those in which he had participated prior to his current position. Biography Jonathan Shaw’s business career has encompassed multiple interests from promoting events including co-founding Teatru Unplugged,Continue reading “Jonathan Shaw’s thoughts on joint ventures”

Michael Debono’s thoughts on joint ventures

As part of the idisav’s interview series on joint ventures, Thomas Cremona had an opportunity to meet with Executive Director at Debono Group, Michael Debono, for his thoughts on joint ventures. Biography After having completed his studies in the UK and China, Michael joined the family business, Debono Group, best known as the Toyota peopleContinue reading “Michael Debono’s thoughts on joint ventures”

Let’s talk about joint ventures

On numerous occasions, various parties may consider collaborating to form a “joint venture” to accomplish certain business goals which may be too challenging to attain independently. The joint venture may be described as a partnership, collaboration, agreement, consortium, franchise representation, a company (with multiple significant shareholders), and a host of other descriptions when more thanContinue reading “Let’s talk about joint ventures”

A Maltese business risk currently ignored

Malta has achieved stellar growth over the past 10 years, aided by the rise in the number of non-Maltese persons choosing to commence working on the Maltese islands. Though it begs the question, that what if that population rise was reversed and the expatriates listened to the colloquial “go BACK to your country”, and theyContinue reading “A Maltese business risk currently ignored”

What happens when a joint venture is unable to make a decision?

Whilst joint ventures aim to pool the resources of the various parties for a greater outcome, they do have their challenges. In this scenario we will consider a joint venture that has achieved relative success over the last few years though has now reached an impasse. Agreement When forming a joint venture, within their agreementContinue reading What happens when a joint venture is unable to make a decision?

Collaborators – do you have these attributes?

Together, we endeavour to create win-win joint ventures We believe that a successful collaboration is built on the following attributes: Financial stability and longevity The ideal partner/s will have adequate financial resources and a history in the product / service being undertaken. Alignment of mission It is imperative that the various joint venture parties areContinue reading “Collaborators – do you have these attributes?”

Managing joint ventures

While the executive suite and shareholders may be keen for a joint venture to proceed, for success to be realised one must assess how it is operated on a day-to-day basis. There are generally multiple parents of the joint venture. The owners, unlike the shareholders of a large, publicly owned corporation, are often times, visibleContinue reading Managing joint ventures