Calm before the Storm in Business Sales in Adelaide
Business sellers should “brace themselves for a traditional flurry of activity, immediately following the Xmas break” says Brian Sander, Manager of Benchmark Business Brokers Adelaide Office.
Drawing on his 30+ years of experience, Brian says that if you are thinking of selling a business in Adelaide, there will traditionally be a strong upturn in buyer activity in the January/February period.
As the largest Business Broking Company in Australia, with five offices across the country, Brian says: “Our records indicate that many people use the holiday break to make some long-term decisions regarding the future direction of their lives”.
Many decide that owning their own business and taking personal control of their future is the way to go.
We find enquiry levels in all areas of business sales rise, from Cafes and Coffee shops to Salons and Spas through all levels of Manufacturing and Distribution to ...
Did you know that Benchmark sells hundreds of businesses every year? As a result we have accumulated a lot of historical sales data on business transactions Australia wide.
Benchmark Business Sales & Valuations has many specialty divisions including Supermarket Sales, Childcare Sales, Hospitality Sales, Hair and Beauty Sales any many more. Our Business Brokers in Adelaide have extensive experience in their sectors.
After many years in selling businesses – there aren’t many challenges that we haven’t seen or overcome before.
So when you want to sell a business, we can show you how to make it easy. In fact, we have developed a proven formula to ensure that our clients obtain the outcome that they seek, quickly and effciently.
Benchmark Businesses for Sale in Brisbane Brisbane & Valuations works for business owners who are looking to sell a business.
Benchmark Business Sales & Valuations brokers provide services to both public ...
Some owners of small businesses are tempted to minimise taxation by not putting all income into the bank, or “through the books”. Many years ago this was thought to be a clever way to run a business, and enjoy a little “spending money” – and reduce tax. Not now. Today, it is simply more efficient, and straightforward to declare all income, and present a set of clean, transparent accounts to a buyer.
Apart from avoiding prosecution, it is a fact that if you want to get the best possible price for your business, there is no doubt that all revenue must be declared and shown.
By maximising the income and profit shown on the accounts, the sale price increases accordingly. Therefore, adding value to your business.
There are two things that Business Sellers often say to Buyers, that buyers will ignore. These are; “there is loads of potential here”, and “there is cash on top of these figures”. These types of ...
Kiss …. And Just Do It !!!!
Our business plan for 2017 is… “Kiss… and just do it!” Ours is a simple problem-solving business matching owners wanting to sell their business and buyers who want sound investments. And keeping it simple (Stupid) is our plan for 2017.
What Business Sellers should be aware of:
70% of business buyers are first-time business owners and for most it is a major investment decision. Only a small percentage are truly entrepreneurial. For the remainder security and employment will be important ownership motivations.
Business owners need to be aware that most prospective buyers are risk-averse and should prepare and present their company for sale in a manner that given the maximum comfort and security to the buyer.
Below are some time-tested tips we have shared with business owners seeking to maximise the price they receive when they exit their company: –
Price the business right – businesses do ...
HOW LONG TO SELL MY BUSINESS?
This question is a Sellers burning question and is commonly asked. The question is right up there with my top three…
How long will it take to sell my business?
Why are they selling?
How long has the business been trading? all good buyer questions.
I’m going to talk about question #1 only in this blog. Experience has taught me that to sell a business is a structured process from start to finish – it’s a science, not a wish and hope process, let me explain.
From the minute I lay eyes on my new potential client – the sales process has begun.
In meeting with my potential new clients, I am now selling myself first and our company (Benchmark Business Sales & Valuations) second in a meet and greet process to establish the starting point of a working relationship. I’m not there to sign anyone up today – that’s for sure. It’s too early and I may not like the business or feel ...