Adult Kids Say No To The Family Business
The great Australian wealth transfer is underway, with $3.5 trillion passing to the next generation over the next two decades. However, many family businesses face succession challenges as fewer children want to take over, leading owners to consider selling to secure retirement and protect their legacy. The great Australian wealth transfer is underway, with […]
Business Values Plummet – Protect Yours
The administration of Barbeques Galore is a reminder that even iconic businesses can face challenges. A company’s value is determined by current earnings and future outlook, not past success. For business owners, this highlights the importance of regularly reviewing your valuation, maintaining strong financial performance, and having a clear exit strategy. Barbeques Galore was […]
There’s Hope – Don’t Let The ATO Close You Down
Many small business owners across Australia are struggling with ATO payment arrears and increasing financial pressure. While it may feel like the only options are selling personal assets or closing the business, there may be another solution. Selling the business can be a strategic way to clear tax debt, reduce stress, and start fresh. An […]
Career Guide: Business Broker in 7 Steps
Whether you’re entering the workforce or transitioning careers, a role as a business broker may be your perfect opportunity. If you have an entrepreneurial mindset and a strong eye for opportunities, business brokering offers an exciting and rewarding career path. In Australia and globally, the role of a business broker is crucial for facilitating business […]
Valuation: Does Your Business Need One?
As a business owner, you probably understand your company’s value, but does it truly stack up in today’s market? In Australia’s competitive business landscape, knowing your correct valuation goes beyond financial results and turnover. It is a strategic necessity that directly influences your company’s growth, direction, and long-term success. Whether you lead a startup or […]
Buying a Business – Should Your Business Be A Franchise?
If you are a business owner in Australia and want to expand globally, franchising can be very effective. There are thousands of people constantly looking to buy a franchise or independent business, giving you a large potential audience. With the right reasons, marketing strategies, and professional partners, reaching people interested in buying a business becomes […]
Red Flags in Business Acquisition Part 4: Intuition
Getting ready to purchase a business, especially for the very first time, can be exhilarating. Owning your own business can be the start of a whole new lease on life, but it’s also a time when you want to make the right decision with your investment. Across this series on red flags in business acquisition, […]