If you’ve been thinking about selling a business in Queensland, you’re likely contemplating a significant change. Whether you’re looking to retire, move on to a new opportunity, or simply cash in on your years of hard work, selling a business…
The buyer loves your business; it’s just what he or she has been looking for. He has reviewed your financial statements and has made an offer contingent on several items. The contingencies in the deal mean that the buyer…
No one keeps a business forever. At some point, you’ll either want to sell your business or have to retire. When the time comes to sell, it is important to streamline the process, experience as little stress as possible and…
Pepperjam CTO, Greg Shepard recently published “Planning Your Exit Should Begin When You Launch” in Entrepreneur magazine. In this article, Shepard puts forward a variety of thought-provoking ideas including that entrepreneurs should be thinking about partnering early on with those…
Most people fail to keep their New Year’s Resolutions. But where buying and selling a business is concerned, failing to keep those resolutions could mean an abundance of lost opportunity. Todd Ganos at Forbes recently penned a thought-provoking article entitled…
The buyer-seller meeting is quite often a “make or break” meeting. Your business broker or M&A Advisor will do everything possible to ensure that this meeting goes as well as possible. It is vitally important to realise that rarely is…
Use the following criteria as a guide for judging the seriousness of potential buyers: Positive signs Has an interest in the business deeper than the financials Has sector or relevant experience – ease of transition Has enough money to buy…
Many sellers feel a sense of relief or freedom once the deal is done. However, it’s not all over yet, it is likely you will have to help the owner in a transition phase and it is in your best…
• They neglect to run their business during the sales process. – The owner of a business can get so involved in the selling process that they neglect the day-to-day operation of the business. • They don’t understand the “real” value…
Deals fall apart for many reasons – some reasonable, others unreasonable. For example: • The seller doesn’t have all his financials up to date. • The seller doesn’t have his legal/environmental/administrative affairs up to date. • The buyer can’t come up with the…
Your first question may be, “Just what is Corporate Social Responsibility (CSR)?” We see CSR demonstrated in a variety of ways in areas such as: THE COMMUNITY: o Contributing to local community programs through financial support and personal involvement THE ENVIRONMENT:…
Personal Goodwill has always been a fascinating subject, impacting the sale of many small to medium-sized businesses – and possibly even larger companies. How is personal goodwill developed? An individual starts a business and, during the process, builds one or…