Published Date: 6-Aug-2021
#AccountantSeries
While you may feel surrounded by negative news about COVID and Brexit the Corporate Finance world has found its feet and is buzzing. Here at M & A Markets our member network has more than doubled in size and more deals than ever are being shared. Daily deals are being completed as the CF industry successfully adapts to the constraints placed on us by the pandemic
WFH is now embedded and firms have embraced Zoom, Teams and other IT solutions which enable them to connect with clients and colleagues like never before. A video chat is not the same as sitting across a desk or table but not having to spend 2 hours on a motorway to visit a client frees up a lot of time.
WFH does not mean trapped at home, for example uploading a mandate on M & A Markets allows you to reach your target market without needing to constantly update databases and mailing lists. Confidentiality is inherent, as, unlike an email, listings are anonymous. Enquiries are also simple, just click a button on the listing and you are in direct secure contact with the listing firm; Peer to Peer access has arrived.
We still think in terms of “when it is all over” but many good habits have been forced upon us during the last few months which need to be maintained. Technology, for example, ensures that much can be achieved without having to travel, virtual updates, discussions and clarifications can be instantaneously completed irrespective of the location of the parties. The previously formalised processes of online presentations have given way to easily instigated virtual face to face chats and discussions. This results in much better use of our time and resources. Of course, when we are able to travel freely again important milestones and key events will still be improved by a physically presence; but in the future we should not be in a rush to leave our desks unless it is truly warranted. In a virtual world the use of travel can now be weighed and considered because there are realistic alternatives.
The pandemic has shunted us into new work practices which will have positive effects on how we work will work in the future, WFH has been normalised, teleconferencing has achieved global adoption, travel and commute are now optional. Yes, I miss the office; Yes, I look forward to meeting clients face to face but in a post pandemic world I know that I will have better choices about how I work.
Daily deals are being completed as the CF industry successfully adapts to the constraints placed on us by the pandemic
M & A Markets provides access to a marketplace that is unique to any other deal space.
“The pandemic has shunted us into new work practices which will have positive effects on how we work will work in the future”– Tim CounihanTweet
M & A Markets provides professional firms with anonymous access to a national and international network of advisors who specialise in buying and selling businesses on behalf of their clients.
