Blog

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

Why Use A Business Broker

Selling a business can take a lot of time and effort. Business Brokers have the training, knowledge and experience to help you achieve your objective of obtaining the best possible price under the best possible terms. Below we have put together the advantages of using a Business Broker to help sell your business.

SETTING A SALE PRICE

Business Brokers are experienced appraisers. If you over value your business you may not get the buyers you want, wasting months of valuable time. If...

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November 29, 2016

What to Expect When You Sell with Us

The thought of selling your business can be a daunting one. Most often we see people that are confused about the process and not sure how to proceed. We take the time to explain the process and reassure you that we will be there to assist you at each stage.

Below you will find some basic information about what to expect when engaging Connect Business Brokers as your agent. Please note that all information provided to Connect Business Brokers is treated...

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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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