Business Broker Tips

We’ve been doing this a very long time. We’ve seen a lot of businesses sell well and those that needed some help to be ready for sale. Here are out tips on successfully exiting (and entering) a business.

Is GST payable on the sale of a business?

Is GST payable on the sale of a business?

According to the Australian Taxation Office, GST is “Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.” However, there are certain situations where goods and/or services are GST-free, and others are GST-exempt. The big question is, will a buyer incur GST on a business sale? Let’s explain…

Buying a Business VS. Starting From Scratch

Buying a Business VS. Starting From Scratch

Want to be your own boss, work for yourself, establish a business and watch it grow? Then you’ve probably asked yourself this question already… Should I buy a pre-existing business or start from scratch?
It’s a valid question and an important one at that – as there are pros and cons to consider for each option. So, make things a little easier to digest, we figured it best to break them down for you!