News & Insight

One of my colleagues used this phrase the other day to explain to a business owner the importance of having broad advertising when you're wanting to sell a business. It was brought home to me today with two client discussions. The first, a cafe owner, has been listed with us for 4 months and hasn't sold yet. However he is happy, as he has had a lot of interest and one firm offer that he decided not to accept after only 5 days.

At Bonza, we take great pride in facilitating business transactions that leave both buyers and sellers highly satisfied with the results. Today, we’re excited to share the success story of the sale of an established eCommerce business specialising in lunch storage solutions.

Online business are in demand now more than ever. With the change in the world over the last year, individuals are looking for ‘job type’ businesses that will provide them with an ongoing income no matter what the economic environment.

What You Need to Know and a Handy Checklist - to sell a franchised business in Australia. Selling your small business is a big step. If it’s a franchise, there are a few more hoops to jump through.

The Sunshine Coast is an iconic holiday hotspot. The region extends from Noosa in the north to Caloundra in the south and captures hinterland areas such as Beerwah, Maleny, Kenilworth, and Eumundi.

Online advertising is no easy task, no matter what you’re selling. It’s even tougher to get right when you’re marketing a high-value commodity such as the sale of a business. If you’re looking to sell a cafe or coffee shop, you’ll undoubtedly need advertising, but it’s not something you should try to do on your own.

It comes as no surprise that e-commerce is growing at an unprecedented rate all over the world, with Covid-19 playing a major role in an impressive increase in online spending habits. Quarantine orders forced consumers to create new buying behaviors, with families opting for online ordering of groceries, apparel, and entertainment, many reluctant to go back to old shopping habits in fear of getting sick.

The golden rule of managing through a crisis is to plan for the worst and hope for the best. If you are going to make changes to staffing levels, operating procedures and any other areas, remember that one deep cut is better than salami slicing (many small cuts). No-one knows the full extent of what we will see in the next few months but taking decisive action early is key to putting yourself in the best position possible. Make sure you take all necessary precautions to keep yourself and your staff healthy.

A common concern we hear is "How can you sell my business. I am the business?" If you’re a one-person operation or your customers know and trust you, don’t stress, it’s still absolutely possible to sell. It just takes a few tweaks to the process:

For many small business owners, the idea of retirement sits on a distant horizon, a "someday" thought rather than an active plan. But unlike a salaried role where retirement can be as simple as giving notice, exiting a business requires strategy, time, and preparation.

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 the shareholders sell their shares, giving majority control to the new owner.

When assessing the value of a business, brokers often perform a financial adjustment known as “adding back owners' earnings.” This practice helps ensure the business's true profitability is accurately represented to potential buyers. Here’s why this adjustment is crucial and how it works: Reflecting the Owner’s Return The earnings of the business owner are added back because they accrue directly to the new owner.