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 […]
Selling Your Business Off-Market
There are traditionally a lot of off-market sales for large transactions in Australia, like large real estate, commercial property, and business sales, but this is also starting to happen more with the sale of small and medium businesses as well. An off-market sale is when the business is sold somewhat “under the radar”, meaning it […]
How to Sell Your Business to an Employee
When you decide to sell your business, the main obstacle that stalls that process is usually finding the right buyer. For lots of business owners, the answer to this problem is often sitting in morning meetings already – an employee that is interested in the business. Is selling to an employee a good idea? There […]
Sell Your Unique Business and Retire Comfortably
Lots of people want to own their own business, and the majority of them would prefer to buy an existing business so they don’t have to build it from the ground up. The problem is that many of these potential business buyers don’t have any idea about what kind of business to buy, so many […]
The Great Handover
It’s the best time to buy or sell a business, and it’s happening right before our eyes. We’re on the verge of a unique situation – a large transfer of business ownership here in Australia. Those business sales will mean enormous opportunities for a wide variety of players. The group that is creating this change […]
What a Super Idea – Baby Boomers Selling Their Businesses for Retirement
Oliver Johnson has been working since he was 14 years old. At the age of 30, he started his own car wash business. Now, thirty-five years later, Oliver is at retirement age and is planning to pass on his business to the next generation of owners. Oliver is one of roughly 5.5 million Baby Boomers […]
Chinese Looking To Buy Local Businesses
You’ve probably heard about the Chinese Australia Free Trade Agreement. It’s been on the go for a while now and was finalized and announced a couple of months ago. In a nutshell, it means that Aussie businesses owners can export tariff-free products to the Chinese market and China-based investors have easier access to invest in Australian […]