A week on from the Budget 2021: Thoughts on the opportunities for owner-managed businesses

35 mins

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. 

We always recommend that you seek advice from a suitably qualified adviser before taking any action. The information in this article only serves as a guide, and no responsibility for loss occasioned by any person acting or refraining from action as a result of this material can be accepted by the authors or the firm.

 

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