Business Blog

Due diligence is an important step in the process of a business acquisition. It’s a responsibility the buyer has before they make an offer on a company they want to buy. But what does it actually mean? In this article, we’re going to explore what due diligence entails and how it can be beneficial for…

You may have heard of the term ‘goodwill’ before and know that people often use it to describe a feeling of support or approval. However, do you know what it means exactly in the business world? If you’re curious to find out, read on, as we’ll be discussing what goodwill really means when buying or…

You may have already come across the word ‘franchise’ before. However, do you know what it really means? Franchising is a tremendous part of contemporary business, and it has allowed many entrepreneurs to build wide-reaching business networks. Curious to find out more? Let’s take a look at what a franchise is in more detail and…

So you’ve decided you may want to start a partnership business. And now you might be asking yourself: “What should I consider before teaming up with a partner?” The short answer – there are many things you need to think through when deciding to embark on this journey. What Is a Partnership? A partnership is…

The word ‘bankruptcy’ is something no one wants to hear when the conversation is about your business or a business you might be interested in purchasing. That said, bankruptcy can actually be a blessing in disguise for those looking to buy a business. It’s a great way to start a business without the hassle of…

As a business owner, you want to make your business profitable, without a doubt. After all, this is usually the main purpose of launching it in the first place. But you might be wondering how exactly you could make it happen and what the steps are. In this article, we will share some useful tips…

There are many profitable small business ideas that can generate a lot of revenue. However, not all small businesses are as profitable as you might think. What’s more, with so many ideas to pick from, it can be difficult to find what’s right for you. To help you out, we have listed some of the…

Family businesses have existed for many centuries, and they haven’t lost their popularity to this day. After all, running a family business can be incredibly rewarding. There is a sense of purpose, accomplishment and pride that goes into every decision. And let’s not forget – you get to work on your dream with your family’s…

Australia is a country with a lot of opportunities and, as such, there are plenty of people who want to buy a business in Australia. From time freedom to having control over your own earnings – there are plenty of great things to enjoy as a business owner. But why exactly do people love running…

It’s very common for people to want to buy a pre-existing company rather than start their own from scratch. It’s not surprising, as buying an existing business can be a fantastic opportunity for people who want to get into the business world. However, there are many things you should take into consideration before making your…