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Business News

Tips for Business Owners to Prepare for a Successful Retirement
October 03, 2019
Tips for Business Owners to Prepare for a Successful Retirement

3 Tips for Business Owners to Prepare for a Successful Retirement Are you gearing up to enter into retirement? While it can be an exciting time to pursue all of the things you never had a chance to do while running your business, there are a [...]

Why Buyers Don't Buy a Business
March 01, 2019
Why Buyers Don't Buy a Business

The short answer is; - The last thing a business seller wants is to see their business left on the shelf and going stale because of a lack of inquiries. There is much research on this topic, but it all comes down to a few factors in order of [...]

How much will I accept for my business?
February 04, 2019
How much will I accept for my business?

Consider your starting point. What will the exit position be for you? You may know how much money you want to get for your business but what is your lowest acceptable offer and also what is your plan if you don't get this? There are many [...]

Are you emotionally ready to sell?
January 17, 2019
Are you emotionally ready to sell?

As a business owner in Australia you are in good company with over 2.3 million actively trading businesses in Australia as at June 2018. If you're thinking about selling your business, you will certainly not be alone. There is more to be [...]

When is the right time to sell my business?
January 13, 2019
When is the right time to sell my business?

There probably never is a "right time". There are so many variables at play when you are considering selling that your time may not necessarily be ideal and if you keep waiting for the perfect time you may very well miss the boat. Business [...]

The importance of an exit plan
July 11, 2018
The importance of an exit plan

The purpose of an exit plan is to set up the conditions to usher new management in and the old management out. If you don’t have some form of exit strategy you may not have to opportunity to exit on your own terms achieving a [...]