TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…

WANTED: BUSINESSES TO SELL!

Why, because we have buyers!


This week, Hurst Partners – Business Brokers ran another of our “How to Successfully Buy a Business” roundtable workshops (as discussed here). What a pleasure it was to co-facilitate to!

The points covered:

  • is Business Ownership for you?
  • how do you know?
  • what type of business?
  • starting vs buying
  • overview of the Business Transaction process
  • price vs valuation
  • using professional advisors

What became clear to me was how much we, at Hurst, know and how much of that information we don’t get credit for.

We’ll have to do something about that now won’t we!


GOT A WEBSITE FOR SALE?

If you want to sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au


If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…

FOR SALE…

BS53 Balloons! and all that goes with them…
In the process of shutting this one down, unfortunately.

BS59 Niche Service Provider in Building Trade
via Sellability Score.
Waiting on the 2014 numbers done and then it’s good to go to market. Owner on holiday!

BS60 Advertising and Events agency
(via Sellability Score)
It’s all happening! Moving premises and renegotiating terms and opening in another state see this growing whilst on the market.
Paves the way for an even better business to buy.

BS72 Niche Bookseller and Training Provider
The major contender has a meeting with the Bank, so hopefully all goes well. Expect to hear next steps early next week.

Training provider
An offer has been structured and signed, so it’s all systems go.

3 meetings/phone calls next week:

  • spa therapies (waiting on information)
  • software provider (waiting on meeting date)
  • drinks (waiting on information)

 

Exploring the Sale Option?

GET YOUR SCORE…

Onwards and Upwards!

the result of the latest “how to successfully buy a business” workshop…

"matching Buyers and Sellers"

“matching Buyers and Sellers”

Today, we ran another of our “How to Successfully Buy a Business” roundtable workshops. What a pleasure it was!

The points covered:

  • is Business Ownership for you?
  • how do you know?
  • what type of business?
  • starting vs buying
  • overview of the Business Transaction process
  • price vs valuation
  • using professional advisors

Not only did we do a great job (even if I say so myself) but the conversation around the topic was also of a high standard. With a mix of first-time buyers, accountants, financial planners and bankers in the room, it made for not only an enjoyable session, but one where the level of awareness has now increased significantly.

The key now is to assist them in executing on what they now know…

Some of the feedback:

“Would you refer this workshop to your friends and family?” all answered YES

“Really good presentation”
“Good mix in audience”
“Really good workshop”

Got to love that kind of feedback!
If you want to know more and/or join us at the next one, please email me at dhall@businessbrokers.com.au

TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…

WANTED: BUSINESSES TO SELL!

Why, because we have buyers!

Next week, we’re running a workshop “How to Successfully Buy a Business” for first time business buyers. Ideally it will be fabulous to practice of live stock, but case studies might just have to do… for now!

Had a great lunch today, with 39 fellow service providers to the SME market. The beauty was that I was the only Broker (along with one other Valuer)  as there are not too many of us that actually have experience in selling. I have already set up a number of business discussions for next week. Excellent.

Only this week the AIBB Small Business Sales Index for June 2014 indicated it’s a Buyers market. However, I’m not sure how that’s going to play out if there’s no stock to offer them to buy.

Interesting times…


GOT A WEBSITE FOR SALE?

If you want to sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au


If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…

FOR SALE…

BS53 Balloons! and all that goes with them…
In the process of shutting this one down, unfortunately.

BS59 Niche Service Provider in Building Trade
via Sellability Score.
Waiting on the 2014 numbers done and then it’s good to go to market. Owner on holiday!

BS60 Advertising and Events agency
(via Sellability Score)
It’s all happening! Moving premises and renegotiating terms and opening in another state see this growing whilst on the market.
Paves the way for an even better business to buy.

BS72 Niche Bookseller and Training Provider
3rd Meeting with Board members happened. Decision made. Now determining how to make it happen financially. Now, a couple of private buyers are surfacing also. Who will win? who knows.

Training provider
4 interested parties. Decisions to be made. One offer received and rejected. Another appears be swooping in last minute but keeps phaffing about. The wanted one has been contacted again to see if a structured deal can be created. Decision will be made by end of week though.

3 meetings/phone calls next week:

  • spa therapies
  • software provider
  • drinks

 

Exploring the Sale Option?

GET YOUR SCORE…

Onwards and Upwards!

Sell Yourself First, even as a Business Owner wanting to sell…

ChangeThis.com_SellYourselfFirst

Even when a business is being sold, whilst the business can stack up, it usually rests finally on the shoulders of the owner to get the deal over the line. If the potential buyer thinks the seller is at all dodgy, the deal will not go ahead… as you can imagine!

“People buy you first! It doesn’t matter if you’re meeting people for the first time in a social or business situation, you won’t get far unless you sell yourself first. This comes as a surprise to many people who just show up without thinking about the impression they make on others. In the case of sales professionals, they may prepare their presentations well, but not pay as much attention to preparing themselves as to how they, personally, come across to potential clients.

The basic premise of this article is that ‘it matters.’ It matters if you show up 20 minutes early (awkward in social situations), 10 minutes early (usually appropriate for business), on time (okay in social situations, maybe not for business) or 10 minutes late (never acceptable).

It matters if you’re dressed and groomed appropriately—including whether or not you’re wearing the right shoes (and that they’re in good condition). When you want to capture the attention of others and have them view you as a competent individual, dress and act like one—appropriately for the situation in which you’re meeting them.”

By Tom HopkinsBen Katt Published Aug. 20, 2014 12:00 p.m.
Read the full article here…

 

TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…

WANTED: BUSINESSES TO SELL!

Who knew I’d be actively asking for Business Owners looking to sell to come forth?

I have buyers ready to buy but the sellers seem to be hanging on that little bit longer.
Sure, there is always the more churn type businesses around, like cafes and shops, but businesses of quality in my niche (i.e. Online and Professional Services) have seemed to stopped exploring the sell option… for the time being.

Only this week the AIBB Small Business Sales Index for June 2014 indicated it’s a Buyers market. However, I’m not sure how that’s going to play out if there’s no stock to offer them to buy.

Interesting times…


GOT A WEBSITE FOR SALE?

If you want to sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au


If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…

FOR SALE…

BS53 Balloons! and all that goes with them…
In the process of shutting this one down, unfortunately.

BS59 Niche Service Provider in Building Trade
via Sellability Score.
Waiting on the 2014 numbers done and then it’s good to go to market. Owner on holiday!

BS60 Advertising and Events agency
(via Sellability Score)
It’s all happening! Moving premises and renegotiating terms and opening in another state see this growing whilst on the market.
Paves the way for an even better business to buy.

BS72 Niche Bookseller and Training Provider
3rd Meeting with Board members happened. Decision made. Now determining how to make it happen financially.

Training provider
4 interested parties. Decisions to be made. One offer received. Another appears be swooping in last minute. Decision will be made by end of week though.


 

Exploring the Sale Option?

GET YOUR SCORE…

Onwards and Upwards!

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