When buying or selling a business in Australia, most people focus on price, contracts, stock, and settlement. But one of the most important — and often overlooked — issues is what happens to the employees. Do they stay with the business? Do they need to be terminated? Who pays out entitlements like annual leave, long […]
Buying and selling a business is fun and exciting, but it comes with its own “professional jargon” you simply must get familiar with. You’ll encounter terms like Term Sheet, Heads of Agreement (HOA), Letter of Intent (LOI), Memorandum of Understanding (MOU), and Non-Binding Indicative Offer (NBIO). Sounds intimidating and hard to understand, right? But here’s […]
Just like in April, May was another fruitful month full of exciting and meaningful cases for us. We successfully closed 4 business transactions this month, ranging from highly complex manufacturing businesses to typical retail stores and e-commerce projects. These cases have once again reminded us: “Deals are never just about numbers — they’re bridges of […]
Although April had relatively fewer working days, Sinosmarts Business Brokers continued to operate efficiently and successfully settled four business transactions. Achieving this under the current less-than-optimistic economic climate is particularly commendable. The four completed transactions this month include a liquor store, a laundromat, a small food processing factory, and a café. While none of them […]
The National Innovation visa (subclass 858) (NIV) is a permanent visa for exceptionally talented migrants from across the world. These migrants will help create jobs and drive productivity growth in key sectors of the Australian economy. The NIV is for established and emerging leaders with high-calibre talent and skills who can make significant contributions that will […]
Our Sinosmart business brokering team successfully facilitated the sale of an Asian food wholesale company in just five months, after two unsuccessful attempts to work with other well-known business intermediaries. We moved quickly, and with our in-depth understanding of the industry and tailored solutions, we were able to secure multiple bids from multiple buyers to […]
In the recently concluded July, our team achieved remarkable success by selling a café in Strathfield, a café bar in Newcastle, and a Fish & Chips shop in the Eastern Suburbs. Today, let’s talk about the stories behind these three business transactions. Strathfield Café Sold in Two Months This small café had a prime location, […]
Travis Du. Turning a dream of owning a café into a reality in the business world is a journey that involves passion, planning, and perseverance. Our esteem and motivated Broker; Travis has helped numerous first time Owners to fulfill that dream. From his experience of selling café businesses, he would like to share some of […]
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 […]
