Posdcast with Aspect Legal on Market Trends in Business Broking and Business Sales

In the latest episode of The Deal Room Podcast, I, Nigel Hall, had the pleasure of joining the wonderful Joanna Oakey as we delved into the exciting world of market trends and financing options for buyers. You can listen to the full episode here.

Despite recent rate rises, I’m thrilled to report that we’re witnessing record numbers of transactions being successfully completed in the market. However, it’s important to note that caution is creeping in among buyers due to banks tightening their grip on providing finance. But fear not! During our discussion, I shared valuable insights on how buyers can navigate this challenge and overcome financing obstacles.

One key takeaway from our conversation is the significance of being prepared as a buyer. In the current climate, it’s crucial to anticipate what lenders may ask for when seeking financing. Being equipped with the necessary documentation and demonstrating financial stability can greatly enhance your chances of securing the funds you need.

Now, let’s not forget the words of warning that you absolutely don’t want to miss! If you’re eager to avoid any potential nightmare or deal-breaking scenarios, Joanna and I have some valuable advice to share. Additionally, we address the surge of “No Money Down” buyers in the market and emphasize the importance of astute deal structuring. Trust me, being smart and strategic about how you structure your deals can make all the difference.

To gain further insights and glean from our in-depth discussion, I invite you to tune in to the full episode. Get ready to navigate the ever-evolving landscape of market trends and financing options like a seasoned pro!

 

If you are looking to sell your business, Bonza provides a comprehensive business sales service at a fraction of the cost of other brokers, while providing a 5-star rated service. Call us on 1300266922.