Blog

October 16, 2017

CONFIDENTIALITY OF A BUSINESS SALE

As business brokers we are always asked about how the sale of a business is kept confidential.   For various reasons 99% of sellers don’t want their business name advertised.  If you are worried about this you are not alone.  Business owners are always concerned about key employees finding out, suppliers, customers as well as even family members. 

We can assure all potential sellers that they will be in complete control of all marketing materials, we will not advertise the business name...

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February 21, 2017

Asset Sale vs Share Transaction ?

Introduction

In the sale or purchase of a business, a very important consideration is whether the buyer should purchase the:

Shares of the Company comprising the business; or

Assets of the Business directly from the company itself.

This article is focused on the sale and purchase of a business which is operated by a company. For other business structures such as a sole trader or partnership, the buyer is usually only able to purchase the assets of that business.

The Difference Between an Asset Sale...

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January 11, 2017

How to be an Organised Buyer

Seek advice from your bank or finance broker about what your borrowing capacity will be.  Business lending can sometimes be very difficult to obtain so be prepared in advance. Knowing you have the finance behind you can make your position stronger when negotiating a purchase price. 

 

Decide on who you are going to use as a solicitor and accountant. Many buyers do not consider the important role that a solicitor and accountant have when purchasing a business.  You should be prepared...

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November 29, 2016

Preparing for Sale

Selling a business can be stressful however if you take the necessary steps to prepare your business for sale you are much more likely to achieve a higher sale price and have a smooth transition of ownership. Connect Business Brokers is committed to assisting our clients every step of the way. Below we have put together some practical advice that will help you prepare your business for sale:

ENSURE THE BUSINESSES FINANCIAL INFORMATION IS ORGANISED

Make sure that current tax returns and...

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