There is no set way to know when it’s the right time to close or sell your business. However, there are some factors to consider when making the decision. Why are you…
Is Selling Your Business Giving Up?
As entrepreneurs, our companies become extensions of ourselves. When the company succeeds, we succeed. When it hits a rough spot, we feel like failures. And if it comes crashing down – which…
Exit Strategies for Small Businesses
After spending a large amount of time, money and energy to grow their enterprise, many entrepreneurs look forward to executing an exit strategy. Regardless of whether you operate a sole proprietorship or…
Things to Watch Out For When Buying a Business
Failure to disclose information You should be wary of a seller who is failing to disclose important information, such as why they’re selling, the lease, licences, permits and staff. Poor business performance…
Buying An Online Business
How can you be sure a particular online business is a worthwhile investment? It’s not about the overall appearance of the Website/Internet Business. It’s not about what the seller initially tells you….
Buying a Profitable Business
How can you be sure a particular Australian business is a worthwhile investment? It’s not about the overall appearance of the Australian business. It’s not about what the seller initially tells you….
Buying a Restaurant Franchise
There are many different types of business format franchises, but when most people think of a franchise business, their first thought is of food. The success and growth of the many big…
Trust Business Structure
Instead of simply setting up a company, many business owners choose to operate and distribute business profits through a trust business structure. The reason is that you can take advantage of the…
The Importance of Due Diligence
Buying a business involves a lot of twists and turns, but no part of the process is more important than completing due diligence. Due Diligence—An Overview Due diligence is the process of evaluating…
The Seven Deadly Sins Of Business Valuation
PRIDE You think your business is worth a lot of money because you have had it for 15 years. Unfortunately it doesn’t matter how long you’ve run your business. Its the value…