Every business owner should be working closely with their accountant particularly when it comes to selling a business. An accountant will be able to review past and current financial performance, along with the entity type and provide advice on whether there will be any tax payable on the sale of the business. This is an…
Author: Michelle Wright
Michelle has recently been announced as a finalised in the 2019 REIQ Awards for Excellence – Business Broker of the Year. Winners will be announced at the REIQ Awards night to be held on 16 March 2019.
As a seller you should be making sure that your employees are being paid at the correct rates. If they are not you will need to correct this as well as provide the information to any buyer about recent pay rises. If a buyer finds that any employees have been paid incorrectly, the most likely…
There are many factors that can make your business attractive to buyers and taking the time to understand the importance of these critical items can lead to a successful sale in the future. We often see many mistakes that sellers make that could easily be addressed prior to sale. Things that can impact the value…
Many people are so excited about the prospect of their new business that they do not take the time to consider what will happen when one partner wants to exit in future years. It is crucial to plan and discuss all aspects of the business and exit strategies should be high on the list of…
COMPLETE business brokers now offers buyers agent services. If you provide us with the brief of what your ideal business looks like we can provide you with a few options! Contact us today to discuss how this service works and how we can assist with your next business purchase.
COMPLETE business brokers regularly works with clients that need to sell their business due to family law matters. Our agency knows how to deal with the complexity of not only a business sale but also one that involves family law matters. We are proud members of Family Law Practitioners Association (FLPA).
We are proud to have attended the recent Women In Real Estate lunch hosted by the REIQ. Guest speaker for the day was Sherry Chris who is the President and CEO of Better Homes and Gardens Real Estate. Sherry delivered a powerful and thought provoking speech to all that attended. We recommend that anyone searching…
Whether you are buying or selling a business there are several key professionals that play a critical role in the sale process. Aside from a business broker, the two other critically important professionals involved with a business sale are your solicitor and accountant. If you don’t already have a strong relationship with these two key…
Do you have good staff records? Staff entitlements will be adjusted on settlement day. This includes annual leave, sick leave and long service leave (LSL applies to anyone including casuals that has been working for your business for a period of five years or longer). Do you have employment contracts? Check all of your…