With 270,000 businesses expected to saturate the market in the next five years, many business owners will be forced to accept a sub-standard price or walk away with nothing. According to the Exit Smart Survey conducted by national chartered accounting and advisory form William Buck, almost 80 per cent of business owners are over 50 […]
Despite having one of the highest rates of entrepreneurship per capita in the world, few Australian business owners understand the current market value of their businesses.
The sooner you begin thinking about life after your business, the better prepared you will be for that day and the more likely it will happen on your terms. Here’s what you need to consider when putting yours together.
The sale of your business is the culmination of many years of hard work, so you’ll want to ensure you do everything possible to maximise its value in the lead up to this point. Consider these six tips now, as you continue to work toward its eventual sale.
Alicia Beachley blogs about protecting the value of your business.
“Thinking business is business, especially in this competitive market, doesn’t mean it should be business at any cost. Not only does it undermine your rate card, it undermines it for other businesses.”
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