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The following material has been
presented at various academic conferences or published in
academic journals over the last few years:
Sustainability
and Scalability
Entrepreneurs who create new ventures are often mesmerised
by the revenue potential of the total market and put too little
effort into seizing a segment of it and protecting it. The
business that can gain a strong foothold on part of a market
often has the luxury of time to work out how best to grow
the business.
The Contribution of Prior Relationships
As part of the development of the Exit Ready Index by McKaskill,
Weaver and Dickson (ICSB Conference 2003), identified informal
and formal trading relationships as an attribute in the measurement
of the quality of the trade sale exit strategy.
IPO
Exit Strategies: Lessons from the Biotechnology Sector
Founders and private equity investors need to have an exit
strategy to liquidate their shares in a new venture. Most
often this is achieved through an outright sale to another
corporation or through an initial listing on the stock exchange,
an Initial Public offering (IPO).
Candidate
Selection for an IPO
The entrepreneurship literature provides little guidance to
the entrepreneur on the venture attributes that should produce
a robust platform for an IPO and a good after market price.
This paper assembled a possible list of such attributes from
expert interviews and then used a survey of executives that
were active in IPOs to show which ones were considered most
important.
Development
of an Exit Readiness Index
The primary research issue in this project is the determination
of how equity based investors view the importance of exit
strategies and to develop an exit readiness index to measure
firms readiness and equity investors sense of importance of
each of the criteria for funding.
The
Effect of Exit Readiness on Exit Values of Entrepreneurial
Ventures: A Theoretical Framework and Empirical Test
In this paper we present a model of how exit readiness affects
value at exit, and discuss the results of a pilot survey of
21 exited entrepreneurs.
Finding
a Buyer That Needs You
Most business owners grapple with the problem of selling their
business. While they may be very good at running their business,
they flounder when it comes to finding a buyer that will place
a premium on the value of their firm.
Seller
and Buyer Perspectives in a Trade Sale
Most commercial sectors of the economy have continuous activity
in the selling and buying of businesses or business capabilities.
Tens of thousands of businesses are bought and sold each month
as owners retire, business get into trouble or shareholders
are offered an incentive to pass over ownership.
Benchmarking
Entrepreneurship Education Programs
The growth of Entrepreneurship education programs
makes it important that a benchmarking assessment be done
to evaluate the opportunity for business schools offering
entrepreneurship courses.
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