Selling a business is not easy
THE STAKES ARE HIGH
You might expect the sale of your business to fund your retirement, a new business venture or your family’s financial future
EXPERIENCE IS LOW
Most of us only sell one or two businesses in our lifetimes. With little experience, it is no surprise that many business owners overlook key steps in the exit planning process. We don’t know what we don’t know.
EXPERT ADVICE IS IN SHORT SUPPLY
Many advisors will tell you that determining the value of your business is as simple as applying a multiple to your historical earnings, whilst ignoring what creates the true value that buyers are looking for
No surprise, many businesses fail to sell ...
Stand out from the crowd
Between 2019 and 2024 the number of Australian businesses that are offered for sale is expected to grow every year, as an increasing number of baby-boomers (aged 60-plus) attempt to exit the market.
With stagnant demand and increased supply, the forecast influx of businesses for sale means that an increasing number and proportion of businesses will fail to sell. And that the accumulated inventory of unsold businesses will grow exponentially each year.
As supply continues to exceed demand and the inventory of unsold businesses grows, further downward pressure will be exerted on price – making it even harder for business owners to achieve the sale price they expect.
In these conditions it is essential that would-be-sellers find a way to stand out from the crowd.
Start preparing now!
Invisible Balance Sheet
Register now to attend our next free webinar on “How to Make Your Business Stand Out From the Crowd” …