News & Insight

Every Business Is Saleable - Find Out Bonza's Tips To Help Make Your Sale More Attractive Is my business even saleable? This is a question we get asked every day, and the answer is YES!

Managing the transition period after a business sale is a critical phase that can greatly impact the success of the transaction and the future of the business. Here are key points to consider when managing the transition period: Effective Communication: Clear and open communication is essential during the transition period.

A business seller who is new to the process of selling their business can benefit significantly from working with a reputable business broker like Bonza Business and Franchise Sales. Expert Guidance Navigating the Complexities: A broker can guide the seller through the intricate process, explaining each step and alleviating concerns.

It’s Now Matt’s Time To Relax When you have spent time and money creating a thriving and in-demand business, choosing to step away can be a hard decision to make. It is a common misconception that the hardest part of selling a business is finding buyers.

The National Disability Insurance Scheme (NDIS) is a major policy initiative in Australia that provides funding to people with a disability to access the support they need to live an independent and fulfilling life. Being an NDIS-approved provider comes with a range of benefits that can be hugely profitable to a business.

Mishie fell in love with the idea of opening a doggy day-care and her dream came to life on Valentines Day 2017 when she started the business. After several years of operation and having built a strong and loyal customer base, Mishie decided it was time have a life change and move onto something new. With a great location close to Melbourne CBD and the strong customer base we knew this was going to be an appealing business to potential buyers. During Mishie’s journey, the enquiries came flying in with 51 during the 165 days she was listed with Bonza. Fast forward and Mishie received a slightly early Christmas present with the sale of her business, saving around $8, 000 by using Bonza! Not bad for a small business sale.

Something that Bonza is very transparent about from the start is that the process of selling a business typically takes at least four to six months. We like to advise owners on the best way to set practical expectations for the sale, remembering that we have everything ready for the right buyer, but this process can take time and often patience, trust and persistence are required.

Neil listed his pest control business for sale with Bonza at the start of October. Within 48 hours of listing, his adverts went live. From the very start of the process, Neil sale was at high speed.

Successful cleaning businesses are built from not only demonstrating specialised cleaning skills but providing professional customer service, strong communication and gaining an understanding that every client is different. In 2013 Mayumi decided to implement skills learnt from USA and Japan and put them into practice by South East Queensland with a high quality, residential cleaning and house maintenance service. Cleaning businesses are generally sold in one of two ways.

Neil was a trained graphic designer, a self-taught web page creator and decided to one day start a home-based web design business to service the greater Geelong region. After 10 strong years he had established long term contracts, a history of recurring revenue, a large database of loyal clients and excellent SEO, but he was ready for another challenge and decided to contact Bonza to discuss his options. When Neil called Bonza, it was explained that in order to market his web design business to attract as many people as possible he will either need the business to run completely independent without the need of him there, have systems and processes in place that won’t require a lot of work from the new owner to learn or an extended handover period to be offered to allow time for easy transition to take place. After Neil agreed that he was happy to mentor the new owner if required, Bonza got to work on marketing this excellent opportunity for sale.

When you purchase your dream business, you don’t intend on selling it only after a few months after taking the reins but unfortunately, sometimes circumstances change. When Melissa approached us about selling her business, it was a very emotional time for her.

When you're ready to sell your business, the last thing you want to do is choose the wrong broker. We understand that as a business owner, it is all too easy to let one bad experience spoil your opinion of all agents. In this case, a few bad apples don’t spoil the whole bunch.