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It is almost inevitable that in most business sales, the vendor will make representations or statements to the purchaser to attract their interest and present the business in the most favourable way. These representations can be spoken, supported by written material such as financial statements and records and can be made by the vendor, its

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

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

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

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

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

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

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

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