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Selling Your Business - WA Business Valuations Perth
A guide for selling or closing your business

Selling or closing down a business can be a very emotional time. There is an excellent checklist on the ATO website – this article helps to explain some of the more confusing points that need to be addressed whilst selling/closing a business in Australia.

WA Business Valuations - How to Value a Business
How to value a business

Each method has its benefits and drawbacks. Consult a licenced, qualified business valuer before you proceed.

Shark Tank - WA Business Valuations Perth
How do the Sharks determine the value of a Company?

If you have been a follower of the reality show Shark Tank, then the word “valuation” is not new to you. On the contrary, it is a term that is commonly used throughout the show. As entrepreneurs pitch the self-made millionaires and billionaires for venture capital, valuation comes up time and again.

GROW BEFORE YOU GO

If your business value gap analysis reveals a shortfall in business value then you will need to implement business strategies to improve your profit before you sell.

Knowing what your business value needs to reach means you can calculate your future profit, gross margin and sales targets.

CAN YOU AFFORD TO SELL?

Many business owners are emotionally attached to their business and the lifestyle that it affords and can put off the transition to new ownership for too long. Often we hear “if someone offers me a packet for it, we would go” but there are two questions that should be asked. Firstly how big a packet can you expect for the business and how much do you need for your retirement?

GET READY TO PLAN YOUR EXIT

You have worked hard to make your business the very best it can be and now it is time to make sure you get rewarded for all that effort. The price that you achieve is impacted by many factors.

Make sure you put your business in the driver’s seat for the best price by securing a business succession plan now.

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