Our “I’m voting as…” feature series has brought together some fascinating insight regarding the opinions of business leaders around the country. Sean Mallon is up next.Who are you and what does your business do? My name is Sean Mallon and I’m the CEO of Bizdaq, an online platform which allows small business owners to manage the sale or purchase of their business from start to finish, all online. Our platform has been successfully used by convenience stores to online ecommerce businesses. We have provided users with the knowledge and tools which to save them huge amounts of time and retain their hard earned money. How has your business changed over the last five years? We were only established in 2014, however previously we ran a traditional model business brokers for eight years. The marketplace has changed hugely in the past five years with one of the key areas being that now over 98 per cent of business buyers start their search online, as opposed to traditional media such as trade or regional press. The biggest change in recent years is the number of sellings choosing to “self serve” when selling their business (i.e. listing on gumtree) to avoid high fees and contracts. What are your growth plans for the next five years? We are currently focused on changing the way small businesses are bought and sold in the UK. We aim to become the only place where businesses are bought and sold, direct between owner and buyer. This is a huge shift in such a stagnant industry however we are already making waves. We have had early approaches from the US and Australia who see our platform having huge appeal abroad, and we intend to enter these markets in the near future. What kind of government would you like to see elected? As a digital business in the north of England, we would like to see a real focus on delivering some of the exceptional talent and skills found in the UK to other areas than London. Most of our users are aspirational and hardworking small business owners, and they have recently outlined in a report we undertook that their biggest headache is the complexity of accounting rules and the time spent on them. We would agree with this sentiment and believe a new government must make it as easy as possible to run a business, affording more time for business owners to focus on their business. Read other “I’m voting as…” features:
- DrPete Technology Experts CEO Peter Chadha
- Develop Training CEO Chris Wood
- OMS managing director Clive Ormerod
- Matthew Hancock: The facts should be checked before Labour starts to make wishes
- Chuka Umunna: ?We have to stop gold plating European rules and regulations?
- What to expect in the upcoming 2015 general election
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