Get Ready to Sell a Business

2023 is starting off to be a good year for business sales. With interest rates creating some issues in obtaining loans, wellinformed and prepared buyers are purchasing good opportunities.

With the property market slowing, investors are seeing the potential in business and franchise opportunities. Businesses with a good ROI and a stable sales history are getting good enquiry rates.

In this edition, we are focused on selling businesses. The process is complex and a number of professionals are required to get a business sale over the line. We share advice from leading Australian business brokers and professionals to assist you in this process.

Our featured business broker is Barton Cha. A business broker who experienced the difficulties in buying a business when he first moved to Australia. We explore the importance of identifying your potential buyer and ensuring your business is marketed to the right clientele.

As always, its important to have an exit strategy and to engage professionals to assist you with the process. Whether you intend to sell in the next 6 months or are building your asset to obtain an optimum sale price in 2-3 years - preparation is the key.

Happy reading,

Vanessa Lovie CEO Bsale Australia Pty Ltd