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Haha, can assure you "Biz" is not the seller :)

At this level, 6-12 months, but the businesses entry point was in 2011, with industry experience (as non-directors) since 2000, so they know the SWOT pretty well by now. No regulatory risk, plenty of competitive risk in telco overall however, the climate can change pretty fast, but at the top...

They provide high end telecommunications solutions to corporate/enterprise level organisations - margins are high, overheads relatively low. They are thinking of moving into the NBN arena because acquisition possibilites are huge if targeted properly, so I think they're in the right direction...

Yes, they do want to free up some time - the growth in the business is stretching them to the limit, both have just had newborns as well come into their families, so 60 hour working weeks aren't desireable at the moment. I helped them out a fair bit 10 years ago, have always kept in touch...

High End Telco Services, Managed Servics, Enterprise & Corporate Level. Hosted PABXs, SIP trunks, International Connectivity, etc Not your typical retail telco, reasonably low head count.

Hi there, Yes, sorry, $900K a month in gross revenue $400K is in gross profit $180K net profit

Hi All, Am in the middle of getting legal and accounting advice of course, but hoping to get some specific advise if anyone has been in this situation before, so thanks in advance. An old work colleague who I've been on good terms with has approached me to join his company - what I thought...