Question 7.RQ.4: What kind of attributes should the owners and managers of a ...

A business should have owners who are:

■ committed to realising the growth potential of the business
■ prepared to sell some of the ordinary shares in the business
■ comfortable with the financing arrangements that private-equity firms usually employ.

It should have a management team that is:

■ ambitious
■ experienced
■ capable
■ well balanced.