
Do I need legal advice when buying a business?
Buying a business and becoming your own boss can be very exciting. Not only that, but there are many advantages to acquiring an existing business such as possible existing customer
Buying a business and becoming your own boss can be very exciting. Not only that, but there are many advantages to acquiring an existing business such as possible existing customer
Business owners should prepare their business for sale prior to selling to help buyers see the value of their business and to maximise the selling price.
When enquiring about a business for sale, it is common for the seller or business broker to ask you to sign an NDA or confidentiality agreement before discussing the business’
It is common for business brokers to charge a commission between 5-10% of the final business selling price and an upfront fee for marketing or advertising.
Freehold and leasehold are common terms used in Australia when buying or selling an accommodation type of business and refers to the ownership or lease of the underlying property.
What is goodwill? Goodwill is the intangible value of a business such as its reputation, branding, and customer loyalty, and other value that makes the business.
Buying a franchise has its benefits and negatives. Buying a franchise does not guarantee success so it pays to learn about the pros and cons.
The common thinking is that starting a business is extremely capital intensive but you can start a business on a small budget.
How long it takes to sell a business depends on the price, location, financials, industry, growth and more.
Check out our range of businesses and franchises for sale in Australia.
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