Are Businesses Advertised for Sale Overpriced?

Are Businesses Advertised for Sale Overpriced?

Are businesses advertised for sale overpriced? I firmly believe that the answer is generally yes. Business sales are not simple, straightforward transactions as no two sales are identical, every business sale is different. Why are businesses for sale advertised at a...
What is a personal guarantee

What is a personal guarantee

I have endured a trying week that commenced on Monday, which happened to be a public holiday in Queensland. Despite my intuition suggesting otherwise, I made myself available for a meeting and an inspection, which ultimately proved to be a fruitless endeavor. The...
What is a Business Broker?

What is a Business Broker?

A business broker is a professional intermediary who facilitates the buying and selling of businesses. They possess extensive knowledge of the local business climate, market trends, and business valuation methodologies. Business brokers will often aid sellers in...
Why are they selling?

Why are they selling?

As a professional in the business brokerage industry, I am frequently asked by potential buyers about the motivation behind a business sale. The common inquiry is typically phrased as, “Why are they selling? Is the business going bad?” However, even if the...
Looking to Buy a Business?

Looking to Buy a Business?

Looking to Buy a Business? Whether in the pages of magazines or on countless posts in social media, we are regularly presented or should I say bombarded with articles advising sellers the process of selling a business and what they will be required to do from the time...
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