Looking at selling a business? Core Business Brokers are here to help guide you through your exit. We’ve had the experience of selling hundreds of businesses – but we are able to treat you and your business as the individual sale it is.
Whether you’re dreaming of sipping piña coladas on a beach or passing the torch to the next generation, having a clear exit plan is essential. But what are the top considerations when creating an exit strategy?
Ever wondered, “How much is my business worth?”. Click here to learn what determines the value of a business and how you can achieve the best sale price possible.
Everyone wants a profitable business. So let’s identify the top ways to increase business profits, and more importantly – why it’s important when selling.
Are you thinking about selling your business in 2024? It’s a big decision that requires careful planning and consideration. Let Core Business Brokers guide you from start to finish.
Finding the right business broker is crucial, and it’s important to ask the right questions before making your decision. Here are the top questions to ask your business broker when selling your business.
Deciding when to sell your business is one of the variables that can change the outcome and success of your business sale. With that being said, many business owners put emphasis on this variable, wondering “Is it worth selling my business now? Or waiting until later?”.
With rising interest rates and the state of inflation, it’s not surprising that you’re wondering whether selling your business in today’s economy is wise.
Being the beginning of the year, business owners who are looking to sell may deem it a perfect time to list their business. But is there merit to that assumption? Should you sell your business in January?
Looking to market your import business? Successful marketing could make your business more profitable, potentially achieving a better sale price down the track.
The business sale process requires a great deal of knowledge, expertise & time – which may leave you wondering… “Do I need a Business Broker?”. Let’s find out
When it comes to searching for successful Sydney Business Brokers, experience, skill, attention to detail, transparency, and reliability are vital factors to consider. Meet Core Business Brokers, a distinguished business brokerage with over 85 years of industry experience facilitating business sales in Sydney.
When is the best time to sell your business?. The main driver behind this question is to maximise your profit from the business sale and ensure that your business can successfully operate in the future. This month, we thought we’d discuss this important question, as a strategic approach to maximising value prior to selling your business.
There are three mistakes business owners make before selling their business. These mistakes are common, but the good news is, you don’t have to follow suit! Learn more in our latest blog.
Buying or selling a service business requires careful planning, preparation and execution. Here are some key steps to keep in mind during the process.
Selling your online / e-commerce business can be a daunting task. but fear not, because the experiencing team at Core Business Brokers is here to guide you through the process.
Selling an import/distribution business can be a complex and significant decision. It’s important to find a business broker who can represent your interests.
Do you own a manufacturing business and are considering selling? Core Business Brokers has a wealth of experience facilitating manufacturing sales. Learn more
Looking to sell your business? Or simply want to become more profitable? Here are our top business tips to increase profitability. Click here to read more…
Buying or selling a business? There may be business sale terms you haven’t heard before. Don’t worry, Core Business Brokers is here to explain them all.
There are many reasons to sell your business. However, the most important reason to sell your business is the one that works for you. Let’s find out yours…
Are you buying a business in Sydney? Or selling your business in NSW? In a sea of business sales, find a Sydney Business Broker who is experienced & trustworthy
What is a business valuation? And how is it different from a market appraisal? You may have heard these terms floated around during meetings, so let’s explain
Selling your business – How to prepare Before you embark on your business sale journey in Sydney, or in fact – anywhere around Australia; there are certain things you should do to correctly prepare. This ‘pre-work’ will make the business sale process run smoother and allow for maximum efficiency from start to finish. And most…
With almost 90 years in operation, Core Business Brokers knows the Sydney business market & know the biggest mistakes when selling a business
There are many different types of exit strategies. Also known as ‘succession plans’, they’re an essential planning tool that every business owner should employ.
Goodwill is an important component of a business. Not only does it contribute to the sale price of the business, but it also contributes to a business’ success. You may be wondering “how can goodwill increase business value?” Because goodwill is a combination of intangible assets that come together to strengthen the business and increase profitability.
What does “selling your business as a going concern” mean? We break down this term, the process & the top things to consider when selling your business.
An important step when selling your business is selecting the right profit measure. But how do you know which one is appropriate for your business? You may have heard the acronyms NPBT, NPAT, EBIT and EBITDA floating around, but do you know what they mean? Let’s break down the most common profit measures and when…
Have you noticed certain changes in your business lately? Profits starting to plateau, the passion beginning to wane, the work/life balance out of whack, or the net income not making ends meet? It may be time to hand over the reins, but the question is. Are you ready to sell your business?
If you’re considering selling your business, you may be wondering… what do buyers look for in a business? By making your business attractive to prospective buyers, you will likely achieve the optimum sale price and the entire business sale process will run more smoothly.
If you’re considering selling your business, have we got the guide for you! We’ve decided to put together a handy business sale guide to assist business owners when entering their business sale journey, particularly if it’s their first time selling a business.
Buying or selling a business? Then you’ve come across the term ‘goodwill’ before. Goodwill can affect the price of a business.But the big question here, is why?
Here at Core Business Brokers, we’ve identified the top 3 mistakes made in business sales, and why they should be considered before the sale process begins.
Many factors affect the sale of a business; environment and market conditions, competition, profit and loss… the list is long and variable. But one of those variables worth mentioning today is cash flow. Cash flow can positively and negatively affect a business sale. Why? Let’s first explain what cash flow is…
nvolved each step of the way. Enter Core Business Brokers. With over 85 years of collective experience in business broking in Sydney, let us guide you on your business sale (or business purchase) journey!
In the world of business sales, there are many options when it comes to buying and selling. Two of these options are stock (also known as shares) sales and asset sales. These two types of business sales are commonly experienced by businesses acquiring other businesses (or part of them), mergers and more. But when it comes to stock sale VS. asset sale, which type suits your goal? Let’s find out!
A question we hear frequently here at Core Business Brokers, is “When is the best time to sell my business?” Now, there is no black and white answer to this question. However, the best time to sell your business, is when your business looks the most attractive to potential buyers. Does that mean you should sell your business after its most profitable year? The short answer is “yes”. Let us explain
With over 35 enquiries in the first 60 days of listing, a suitable buyer was found… then Sydney went into strict lockdown and the arrangement became impossible.
See how we found a way to overcome this impediment with determination and out-of-the-box thinking. Plus read what the Vendor and Buyer had to say.
Many business owners are cautious about selling their business during the global pandemic. But it is possible to achieve business sale success during Covid-19.
So, you’ve decided to sell your business. You want to change your lifestyle, spend more time with your family, grow your wealth in a completely different direction… Whatever the reason – selling your business is the means to get there. But you’ve never done this before! So where do you start?
Here’s a handy guide to selling your business from the start to the very end (or shall we say, ‘new beginning’.)
When we spend most of our time working “in” our business, innovating, fixing problems, creating new ways to be profitable, managing staff, dealing with clients – it’s hard to zoom out and see what our client’s see. But this is the most important perception when it comes to analysing and assessing your business and then be able to work “on” the business.
When selling a business, a restraint of trade/non-compete agreement is crucial to give the buyer peace of mind when taking over the reins. Why? Let us explain..
COVID-19. A pandemic that became a daily topic since early 2020 has rocked the world. Now, in 2021, we are still under the firm grasp of COVID but what does that mean for our business?
In a world full of DIY options, ‘do it yourself’ business buying and selling sound appealing to the ever-learning, multi-tasking business owner that you are. You’ve managed to establish and grow a business of your own, maybe from scratch, maybe from one that was previously showing little profit! Either way, you’ve got this… right? Unfortunately, no. We hate to be so blunt, but there is a reason why Business Brokers exist. Actually, there are many reasons! Let’s outline a few to break the ice.
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The pre-COVID methods of valuing a business affected in these times, needs re-thinking. So how do you value a business in this covid-era? Let us explain
As part of your succession planning, ensuring your business can operate and succeed without you involved in the day-to-day activity is essential. This allows for better work/life balance whilst also proving to potential buyers that the business can easily be transferred from owner to owner, without disrupting operations and profitability thereby ensuring that the goodwill…
Losing key employees during the business sale process could both damage the business before the successful sale is finalised, or potentially stop the business sale from being completed. There are a few main reasons as to why staff leave a business when they hear it is for sale. These include: Job security – They fear…
A non-disclosure agreement otherwise known as a confidentiality disclosure agreement or NDA/CDA, is a legally binding document that safeguards business owners during the sale of their business. When selling a business, part of a potential buyer’s due diligence is to investigate your business from a to z; examining profitability, financial statements, staff rosters and often…
According to the Oxford Dictionary, Goodwill is: “The established reputation of a business regarded as a quantifiable asset and calculated as part of its value when it is sold.” What does that mean when we talk about business? A business’ goodwill can be viewed somewhat as their reputation. Goodwill isn’t a tangible asset. Although it…
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