Don’t wait until your business is on the market to do your due diligence. If you do it early, you’ll know what potential buyers are looking for and that will help you sell your business quicker, for the best price. That’s the advice from David Irwin, Client Director of Kelly+Partners Inner West. “The earlier a […]
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Online businesses are booming. In January 2019, ecommerce was responsible for 9% of Australia’s total retail sales. By the end of 2019, it’s expected that online businesses will experience revenue growth of over 15% (Statista). It makes sense, then, that we are also seeing an increase in the number of online businesses for sale, some
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If you’re considering becoming an accommodation provider – or selling your established accommodation business – now is an excellent time, with national research revealing some very encouraging statistics. From hotels, motels and resorts, to serviced apartments and hostels, Australia’s accommodation industry is showing steady and continued growth. This is in line with increased consumer confidence
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Now’s the Time to Buy That Tourism Business Those looking to escape the grind and buy their own business are often drawn to the tourism industry, and it’s easy to see why. In most cases, no special skills or qualifications are required, and you can utilise existing skills, such as customer relations, marketing, retail and
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Australian Hair and Beauty Market Continues to Grow Is it a good time to buy or sell a beauty or hairdressing business? You bet! Whilst consumers may be cutting back on some luxuries, personal grooming is still considered a must. In fact, the beauty market has enjoyed 10 years of consistent growth and shows no
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Preparing Your Accommodation Business for Sale Without a doubt, now is an excellent time to buy and sell accommodation businesses in Australia. We’re welcoming an increasing number of international visitors, particularly from China and the Asia-Pacific region, and seeing strong growth in domestic travel. In addition, domestic business travel is also on the rise. Accommodation
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Buying or Selling a Business? What’s Really Included in the Sale? One of the most common questions asked by business sellers and buyers is what’s actually included in the transaction. It may seem obvious but when it comes to intangible assets, it’s not always as clear-cut as you may think. Not only is it important
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With the election now behind us and the new Morrison Coalition Federal Government in place, what does this mean for small businesses in Australia? Australian Chamber of Commerce and Industry CEO, James Pearson, said the new government offered the right mix of stability and progress, keeping some of the “most experienced Ministers in key portfolios
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Business Success in More Than Skin Deep for the Kerrs One of the hottest industries to be in right now is organic skincare, and that’s something Therese Kerr – and her supermodel daughter, Miranda – know only too well. Both women have their own successful businesses – The Divine Company and KORA Organics – with
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Calculating the Value of Goodwill in a Business Sale With Robert Hurst, Principal, Hurst Partners Goodwill is one of the most important elements in any business sale, and also one of the hardest to put a price on. Put very simply, goodwill is the dollar amount you put on the business’s name, reputation, location and
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