About Us

Rich & Co Pty specialises in business valuation, succession planning, and buy/sell transactions.

Rich & Co Pty specialises in business valuation, succession planning, and buy/sell transactions.

Ken Rich is a senior specialist motor industry services director with over 35 years experience in the retail motor vehicle industry and 24 years experience in practice providing professional services to clients. He recommenced Rich & Co Pty in 2007 having previously been a specialist director with Horwath.

Since 2007 over 60 business valuation engagements have been completed.

Top of the page.

Services

Services provided by Rich & Co Pty include:

  • Expert business valuation reports
  • Summary business appraisal reports
  • Advice on succession planning
  • Advice on selling going concern businesses
  • Advice on business acquisition
  • Business sale checklists
  • Budget and cash flow reports
  • Analysis of business operations
  • Working capital management
  • Liquidity analysis
  • Discounted cash flow analysis
Top of the page.

Industry Experience

Ken has over 35 years experience in the retail motor industry with 25 of those years spent in public practice. His wide experience and professional qualifications make him uniquely placed to assist clients with services offered. His qualifications include:

  • Bachelor of Commerce (University of Queensland)
  • Graduate Diploma in Business - Automotive Dealership Management (University of South Australia)
  • Master of Business Administration (University of South Australia)
  • Member Institute of Management Consultants - Certified Management Consultant
  • Founding member of Auto Team Australia
  • Member Institute of Business Appraisers - USA
Top of the page.

Document Downloads

  • Minority Interests Article - April 2011 PDF File. Approx. 130 Kb.
    "It is easy to fall into a mind trap where the valuation of a minority interest in anything of value is merely the relevant fraction of the value of the whole."
  • Business Valuation Strategies Brochure - August 2009 PDF File. Approx. 262 Kb.
    "The essence of business valuation comes down to a very simple business proposition. Every business is worth the value to the owner of future cash flows which will be derived from the business."
  • Summary of Valuation Engagements PDF File. Approx. 179 Kb.
  • Retail Motor Industry in Australia PDF File. Approx. 2 Mb.
    "The franchised new vehicle dealer industry in Australia consists of franchised dealers, manufacturers, importers, industry floor plan financiers, industry insurance providers, and industry associations."
  • McKinsey Article on Dealership Performance PDF File. Approx. 200 Kb.
    "This McKinsey Quarterly Journal identifies why top performing dealers are top performers."
  • What is Your Dealership Worth PDF File. Approx. 130 Kb.
    "The first thing to remember is that a valuation of a dealership contains a number of individual elements all of which are based on an opinion. An opinion is not a price. The price is the value at which a dealership is eventually exchanged in the marketplace, but until that point is arrived at, the valuation is merely an opinion."
  • Dealership Benchmarks PDF File. Approx. 90 Kb.
    "Those Dealers who operate their business on achievement of benchmarks are generally the more profitable Dealers in the country."
Top of the page.

Out & About

Seminar Spacer.Spacer. Date
Spacer.Spacer.

Ken attended the joint conference of theNational Association of Certified Valuation Analysts and the Institute of Business Appraisers in San Diego, USA.

Spacer.Spacer.

8 - 11 June 2011

Ken attended the Annual Consultants Conference of the National Association of Certified Valuation Analysts and the Institute of Business Appraisers conference
in Boston, MA, USA.

Spacer.Spacer.

27 - 29 May, 2009

Spacer.Spacer.

Ken conducted training courses on behalf of the Asia Business Forum on “Cash Flow and Working Capital Management" - Singapore

Spacer.Spacer.

15 - 16 January, 2009

Spacer.Spacer.

Ken conducted training courses on behalf of the Asia Business Forum on “Cash Flow and Working Capital Management" - Kuala Lumpur

Spacer.Spacer.

12 - 13 January, 2009

Spacer.Spacer.

AICPA / ASA National Business Valuation Conference - Las Vegas

Spacer.Spacer.

10 - 12 November, 2008

Spacer.Spacer.

AICPA National Business Valuation Conference - New Orleans

Spacer.Spacer.

02 - 04 December, 2007

Spacer.Spacer.

AICPA National Auto Dealership Conference - Orlando, Florida

The topics which were covered are as follows:

  • State of the Industry
    Speaker Jim Ziegler
  • DMS Update
    Speaker - Wayne Youngs
  • Analytical Approach to Dealership Engagements
    Speakers - Deb Gammon & Angie McElhaney
  • Fraud at New Vehicle Dealerships
    Speaker - Carl Woodward
  • State of the Retail Industry
    Speaker - Michael Maroone
  • Best of 20 Groups
    Speaker - Paul Stowe
  • Analysing a Dealer Statement - A Banker’s Perspective
    Speaker - Michael Burkitt

If you require any further information on the above topics, please contact Ken Rich.

Spacer.Spacer.

05 - 26 October, 2007

Spacer.Spacer.
Top of the page.

Contact Us

Your enquiry is important to us and once contacted, we will get in touch with you as soon as possible.

Address:

28 Galway Street
Greenslopes Qld 4120

Mobile:

0418 152 254

Direct Line:

(07) 3221 5045

Email:

ken.rich@richandco.com.au






Top of the page.