What to consider when buying a business
What to consider when buying a business When considering the purchase of an existing business there is a list of basic enquiries you should make as part of your due diligence enquiries Once you have indicated your interest in the business, you’ll need to sign a...
Business confidence is on the rise in South Australia
Have you counted the number of cranes operating in the Adelaide CBD lately? It seems no matter which direction you turn there is a gigantic crane in use with plenty more in the pipeline. Two more 123m tower cranes go up this week with the start of the new 330 million...
Ever wondered how much your business is worth?
“How much is my business worth?” This question is asked by all business owners at various times during the life of their business, but most importantly when they want to sell! The valuation of any business or company is a challenging task. A few key activities need to...
How do you differentiate your business in a crowded market
How do you make a case for capturing uncontested market space, creating new demand and making the competition irrelevant. A clear blue ocean is an obvious metaphor for uncontested market space and it differs from a blood red ocean, where all of the proverbial sea life...
Despite the uncertain market startups will continue to thrive and survive
Market conditions are tighter, and while financings are still taking place, the pullback is real and is now showing in our data. Not all startups are guaranteed to survive, but that is always the case, regardless of market conditions. Some other startups will thrive...
Incredible story of She’s A Crowd founder Zoe Condliffe
Four years ago, Zoe Condliffe was living in a van when she launched her startup She’s A Crowd as a solo founder. Now, Zoe runs a team of 12 ‘data activists’ who are making a powerful impact on the lives of women and gender-diverse people across Australia. Almost 90...
Essential Information for Business Migration Visa’s
MIGRANTS: International Buyers / Business Migration VisaThose people looking to seek entry into Australia through business acquisition? Step 1: Business Visit VisaBusiness visitor visas are for business people to visit Australia for business purposes, for example, to...
How Inflation Can Positively & Negatively Impact Business Sales
A long-term change in inflation can highly impact business sales as the costs of goods increase and there is added pressure on the profitability of an organisation. To deal with the issue of rising inflation, people considering a business sale need to be aware of the...
The Business Sellers Checklist
When you decide to sell your business the following information will be required to prepare an appraisal or to prepare your business for sale: 3 Years Profit and Loss Statement List of Assets Required to Operate the Business Average Stock on Hand (estimate) Maximum...
How To Break the News to Staff That You Intend to Sell a Business
Staff are a core component to the success of many companies. When you decide to sell a business, figuring out how to inform your employees and break the news of the impending sale can be a difficult conversation. Depending on the size of your company, you may have a...
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After 20 years growing and managing my business, Choice Business Sales professionally managed the process from appraising the business to settlement. I can’t speak highly enough of their services and strongly recommend them if you want results.