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Explore Employee Ownership Trusts (EOTs) for succession planning, employee rewards & business growth. Read our latest insight.

TEA is a measure of all entrepreneurial activity that is taking place in an economy at any given time. It is calculated by taking the sum of all entrepreneurship-related activities, such as starting a new business, expanding an existing business, and innovating within an existing business. TEA is an important metric for understanding the overall health of an economy, as it provides insight into the level of risk-taking and innovation taking place. High levels of TEA are generally seen as a sign of economic health and prosperity.

We are now well into 2023 and with the corporate world now very much back to business, we can begin to see a picture of what this year might look like from a mergers and acquisitions (M&A) perspective.

The Christmas tree is down. The turkey is gone. And new year resolutions have begun. As we kick off 2023 many in business will wonder what 2023 has in store from an M&A perspective. There are wide and varying predictions. Below is a round up of some of the themes.

There remains a significant level of uncertainty for many Northern Ireland businesses, with high levels of inflation, rising interest rates increasing the cost of borrowing, and political uncertainty. These factors provide a timely reminder of the importance of managing cash flow.

Business owners should always have an eye on an exit strategy, even if it is not a short-term consideration.

While the four local Northern Ireland banks have printed money in an array of colours since 1929, the colour of money is now changing, not literally, but with the move towards green or sustainable finance. As Chancellor Rishi Sunak said recently, “the global financial system will be rewired for net zero”.

It is vital that business owners have a good understanding of the M&A process when contemplating or negotiating a transaction to acquire or dispose of a business.