Raising finance to buy a business can be a daunting task, especially if you’re looking to purchase a business in excess of $500,000. However, with careful planning and consideration, it is possible to secure the necessary funding to make your business ownership dreams a reality. Here are six key points to consider when raising finance … Continue reading →

Did Customer Service Die During Covid? Covid has had a lasting impact on how we work with “Work from Home”, “Workcations” and “Remote Working” all becoming mainstream accepted practice unless you are Elon Musk that is. It is even lauded to improve efficiency…. A study by Standford of 16,000 workers over 9 months found that … Continue reading →

We speak to hundreds of business owners and often the owner will say “I am not sure my business is saleable, its so …. niche…..small….complicated….” This is a natural and honest thought for the seller to have. Is there a buyer who will want this business, who can create value in this niche, grow a … Continue reading →

Holding off on your sale until the New Year is often tempting. Maybe you’re busy in your business, you have family commitments, or simply because you don’t want the “hassle” right now. Well, first of all, getting to market using our service takes typically less than 1 hours worth of work on your end, total. … Continue reading →

The thought of selling your business has interested you enough to stop and read this post, so I would say you have taken the first step in the process of selling your business. I’m not suggesting you commit to that decision in any way but when the time comes, this article will answer any of … Continue reading →

As brokers we are often asked “how long will it take a business to sell?” and “how the market is for business sales?” The answers are not straightforward and are to some extent mutually dependant. The “how long” can be dependent on the ability of the interested buyer to identify the business, perceived value for … Continue reading →

The Skilled Work Regional (Provisional) visa (subclass 491) offers migrants already in Queensland on a temporary visa a route to obtain an extended visa and permanent residency.  If you already own and operate a qualifying business then find a professional advisor and apply asap before the laws get updated. If you are considering purchasing a … Continue reading →

We are often asked about share sales or asset sales. This is a tricky issue and we recommend you get direct written advice from your tax advisor. This article by our partners at Legal Vision will definitely help!  By Matthew DeRusha Lawyer Updated on July 21, 2020 Reading time: 5 minutes When a business owner sells … Continue reading →

There are usually two situations when a tenant will transfer (also known as an assignment) a commercial lease to another party (the assignee) before the end of a lease term: the tenant is selling their business, and the purchaser agrees to accept the existing lease rather than enter into a new lease with the landlord; or the tenant is proposing to exit … Continue reading →

Part of understanding your business value is to understand what assets are part of the operation of the business and which items are sold to generate revenue. This is also known as equipment and fixed assets on one hand or inventory and stock on the other.   A business is generally priced as “Plus Stock”. … Continue reading →

Our clients often ask about this and luckily LegalVison, one of our legal partners, has dopne a great job in explaining this in a recent article…. February 16, 2018 (Updated on July 21, 2020) When a business owner sells their company, they have two options: a share sale or asset sale. A share sale where … Continue reading →

Removing Limits, Expanding Service As we all continue to monitor the novel Corona-virus closely, as a company, we’ve been observing and thinking deeply about what actions we can take to be as helpful as possible to all Australian business owners who wish to sell their business.  Here is what we came up with: 1) Unlimited … Continue reading →