There’s no denying that the Australian economy is currently facing challenges, and many people are feeling the strain. Given the close economic ties between Australia and China, this situation particularly affects the Australian Chinese community. So, the question arises: Is now a good time to sell a business? The timing of selling a business varies […]
For further details, you can refer to the valuable article linked below: Three Critical Steps to Selling Your Business at a Premium
We recently had a successful manufacturing business transaction on National Day, which is worth celebration. We are not only happy for ourselves and the buyer who got a good business, but we are also thrilled for the seller who has worked hard as a business owner for 30 years and can finally sell the business […]
When it comes to buying or selling a business, leases play a critical role, especially for businesses operating from leased premises. Let’s delve into why leases matter and explore key considerations: Remember, a well-handled lease can significantly impact the success of a business sale. Seek professional advice and approach lease negotiations strategically.
A common issue in business partnerships is when a partner decides to exit. Regardless of the reason, disagreements often arise over the valuation of the business. Price disagreements can hinder internal resolution or selling the business externally. Moreover, during these disputes, emotions can run high, and business operations may suffer, resulting in losses for all […]
Undoubtedly, purchasing a business is a significant decision that can lead to either success or failure, impacting both your wealth and lifestyle. Having an experienced intermediary by your side during this critical process can help you avoid potential pitfalls. Here are three essential considerations when buying a business: A good business intermediary acts as a […]
When deciding between starting a business from scratch or buying an existing one, there are several factors to consider. Let’s explore the advantages and disadvantages of each approach: Remember that your passion, available capital, and long-term goals should guide your decision. Whether you start from scratch or buy an existing business, thorough research and professional […]
Last month, a coffee shop chain business transaction failed because the Franchisor issued a new franchise agreement for three months, which greatly undermined the buyer’s confidence and decided to withdraw. This Franchisor must have some problems, but he gave a reason that the franchise business management regulations will be implemented on July 1, so he […]
Recently I spent more time in business completion as I have nothing much to do during Covid outbreak. What’s involved? Always run your business until completion and maintain equipment and stock as usual as you can. And then at the settlement date, you need to transfer all things necessary running your business to the buyer, […]
