[EP 261] Unlocking Business Value: Understanding Trends, Valuation and the Power of Data with Richard Hemingway

This episode of The Deal Room Podcast features Richard Hemingway, Chair of the Bizstats committee Richard has a wealth of experience in the business sales and acquisitions industry - he’s involved in a range of businesses and with more than 30 years in CFO roles, including Australia, Asia, and NZ markets. In this discussion, Richard provides us with data and trends from Bizstats. Australia’s most comprehensive database of private business sale transactions. Together with host and Managing Partner of Aspect Legal, Joanna Oakey, Richard talks about the rise in the average turnover of businesses sold in the last six months, the trends relating to larger business sales and whether this relates back to larger deal sizes. He also drills into some of the key industry changes, AI's impact on valuation, the unexplored opportunities he’s seen emerge in recent times. Given the current state of the market his insights on what’s the data shows is happening in the market are absolutely relevant to business brokers, and small business owners in all industries and sizes. Connect with Richard Hemingway Richard on LinkedIn Connect with AIBB Check out Bizstats!