If you’re planning on selling your business, you’ve probably had at least one of these questions floating around your head at some point: Q1: What does a business broker actually do? Q2: How to find one more suitable for your needs. Q3: When does it make sense to NOT hire one? Well good news… today […]
If you’re planning to sell your business in the near future, you’re likely to come across all sorts of valuation estimates – many of them based on online calculators. While these tools may provide general guidelines, they often do not apply accurately to small businesses. Unlike large corporations and publicly listed companies, small business valuations
Here is our quarterly update for the national economic picture relevant to business owners looking to sell this year. 1. Interest Rates Are Shifting in Sellers’ Favour The prediction among economists and banks suggest the RBA is likely to start lowering interest rates within the next 1-6 months if inflation continues to edge lower. Historically,
Q1 2025 National Economic Outlook For Business Sellers Read More »
When it comes to selling a business, achieving the highest possible sale price is often one of the primary goals for any business owner. From a business broker’s perspective, one of the the secrets to achieving this lies in implementing a multi-channel marketing approach to attract as many buyers and bidders as possible with the
Maximising Business Sale Price: The Critical Role of Marketing in Selling a Business Read More »
Selling your company is a significant milestone in any entrepreneur’s life that requires careful strategic planning ahead of time. Whether you aim to retire, pursue new ventures, or capitalise on your company’s value, understanding the nuances of the Australian market is essential. In this comprehensive guide, we’ll explore every aspect of the process, providing insights
Selling Your Company In Australia: A Step By Step Guide Read More »
Choosing the right business broker to sell your business is a critical decision that can make the difference between a successful sale in a timely manner and a long, drawn-out, stressful process that leaves you unhappy. Here are 4 things to take into account for how to choose the business broker for your sale. 1.
3 Ways Business Owners Unknowingly Lower the Value of Their Business Come Sale Time When preparing to sell your business, every decision counts—especially those that can unwittingly lower your business’s market value. Understanding these pitfalls can help you optimise your business’s appeal and secure a better sale price. Here are three common ways business owners
Do you want to know a secret in the business broking world… When it comes to selling a business, the single biggest reason most businesses don’t actually sell when listed is that they aren’t priced correctly. They either get overvalued (I’ll explain why this happens below), and they can sit unsold for a year or
Getting Your Business Valued Right The First Time Read More »
https://youtu.be/vFvy1rOWIAc?si=P5-K9Q_SpbwhII3V Have you ever heard the saying – if you think we’re expensive, wait until you see what someone cheap will cost you? I’m proud to say at New Chapter Business Sales and Benchmark Business sales, we are not cheap, and there’s a good reason for that – we’re focused on exceptional results for
If you’re looking to expand your current business portfolio or are looking for a new opportunity, yet: Find the sourcing process time-consuming, Aren’t confident in the process of correctly valuing or negotiating, Don’t want to compete with other buyers, Or would prefer not to wait around for a decent deal to come up… You might