How To: Tips for Buying a Business
Buying an existing business is a fantastic way to become a business owner. The main reason most people buy a business, rather than starting one, is for the established infrastructure and ongoing cash flow. People buy franchises for similar reasons – they usually come with supplier agreements and a proven system of what works and what […]
Sell Your Accommodation Property with The Help of Specialist Accommodation Brokers
Accommodation properties such as hotels, backpackers, motels, resorts, cabin and caravan parks, serviced apartments, management rights, etc. require an expert to help market them, find their right buyers, and manage their successful sale. Hence the presence of specialist accommodation brokers. If you own such property in Australia and are intending to sell it, you need […]
How To Sell My Business Quietly
As a business owner, you may prefer to maintain confidentiality when deciding to sell a business. This may be because you value your privacy and because your customers, suppliers or staff may react unfavourably if they find out you are moving on. If you are one of those business owners who ask yourself the question “How […]
How to Get Finance
Getting financing to buy a business can be tricky in Australia. Most people will get their funding from one of the big four banks, but there are other options available as well. The best way to find a great financing option is by using a professional commercial finance broker, as opposed to a mortgage broker. […]
More Will Ditch The Boss in 2018
Could 2018 be the year you take the leap into your own business? The great Aussie dream is to own your own home, and increasingly – work for yourself. “Most people want to be their own boss at some stage in their lives but many don’t know how to take the first step. They think […]
What is Vendor Finance for the Sale of a Business?
Vendor finance happens when the person selling a business also funds part of the purchase price. The buyer pays an initial amount upon settlement, and the balance (including interest) is met over an agreed period of time with regular repayments. Using vendor finance in the sale of a business can present various risks. It can also […]
Spotlight on Booming Small Business Industries
One of the biggest financial decisions you make in your life is buying a business. Thus, it is important to understand the trends of different industries if you’re looking to make buying a business the next step in your career. Research is needed to make an informed decision into which industry is right for you. […]
How to decide what you want in life (and business)
FEATURE ARTICLE by Allan & Barbara Pease Most people struggle with questions such as ‘How do you define success?’; ‘Who do I want to become?’; ‘What do I want to experience?’; ‘What assets do I want to accumulate?’ Everyone knows the feeling of having an inner urge to do something that excites you whenever you […]
Baby Boomers – A Challenging Time Ahead in Business Sales
A lot of planning and preparation goes into preparing a business for sale. Some small business owners are having to re-visit their timelines when it comes to selling; often a lot more time and research is required to get a business sale ready. The graph below shows the gradual decline in earnings of small businesses […]
Who’d A Thunk? The New Normal of Business
Is anyone else fed up with hearing about how bad things are? Let’s get on with it and start focusing on what we can do to get through tough times and thrive. Some entrepreneurs have disrupted the business world and created a new normal. Read on to learn about different innovational ways to create, or […]
