Is an ESS an ESOP by another name?

First up an ESOP is an Employee Share [Stock] Ownership Plan and the acronym applies in a number of countries, but particularly the USA.  An ESS is an Employee Share Scheme and is Australia’s less than useful (for start-ups and SMEs) version of an ESOP. The ESS scheme does not share the structure and objectives [read more…]

When is ‘bad’ news good?

When it comes to starting a new venture, buying a business or acquiring an interest in a company, the answer is ‘early’, and more specifically before you have committed extensive resources to it. The unfortunate truth is that the more time and money that we spend on something, the more likely we are to commit [read more…]