Frequently Asked Questions
We recommend all owners have their business prepared for sale even though they may not be considering a sale. Unfortunately numerous business owners have to sell unexpectantly due to illness or reasons unforeseen. This scenario will have a serious impact on the sale price if they are not prepared, so be mindful as you never know what is around the corner.
Some industries sell better at certain times of the year, depending on when they experience their busy and quiet time. We find buyers like to purchase in the lead up to the busy times and for a large percentage of the businesses we sell this is in the lead up to Spring. This gives them the warmer months, Christmas and Easter periods to get a good kick start to their new venture.
To maximise the price an owner achieves for the sale of their business they need to plan ahead with a good exit strategy.
A good exit strategy will ensure the business is attractive to the market and will fine tune key areas. Below are some examples;