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Just over a week after the Budget, Simon Blake sat down to share his thoughts on the overall takeaways from the 2021 Budget for owner-managed businesses. In particular, he speaks about the ‘reset’ opportunity that COVID has provided all companies and that now is the time for planning and investing in growth (provided that cash allows you to) while tax rates are not yet on the rise.
Sharing examples of businesses that have faced challenges during the pandemic and those that have survived or thrived, he shares his thoughts on what the priorities for owner-managers should be in order to make the most of the next few months – with a reoccurring theme that cash management and forecasting is key. Finally, we reflect on our expectations of the M&A landscape both nationally and from overseas in the near future.
