Following on from Part 1 – The End Game – Selling your Business, a part of this article stated “the market plays a role in the price you achieve, however what influences the sale price and time to sell the most is how presentable, desirable, marketable and financeable you make it for buyers”. Lets be [...]
Before you talk with friends, family, mentors, accountants etc, the first person you need to talk to is yourself. Selling your business is the most important single financial transaction of your life – even more important than your home. You need to have it clear in your mind as to why you want to sell. [...]
Recently I have been in discussions with potential buyers who are looking at two restaurants I have for sale. As buyers are aware, Brindabella Business Brokers provides enough financial information and detail about the business to allow them to make an informed decision on whether they want to enquire further. However there seems to be [...]
Attached below is an interesting article I found in CPA Australia magazine “In the Black”. The article discusses the sale of Mitchell Communications Group to Aegis Group for $363 million. This article shows the importance that the seller and the buyer must both conclude there is a benefit to each other in completing the sale. Harold Mitchell suggests in [...]