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How Long Does It Take to Sell a Business?
How Long Does It Take to Sell a Business? 1024 576 Richard Willis

How Long Does It Take to Sell a Business? Selling a company can take anywhere from weeks to months, depending on the type of business that’s being sold and the market conditions in which it operates. Although owners typically rush to close the deal as quickly as possible, setting realistic timelines and practical expectations is…

5 Tips on Selling Your Small Business
5 Tips on Selling Your Small Business 1024 576 Richard Willis

There can be many reasons why you may want to sell your small business. You might be looking for a lifestyle change, or maybe you’re just tired of the long hours that come with running a business. Whatever the reason, it is not always easy to sell a business, especially if you want to sell…

5 Steps to Prepare for Due Diligence
5 Steps to Prepare for Due Diligence 1024 576 Richard Willis

The process of due diligence is one that should not be taken lightly. It’s the process of thoroughly investigating the risks, liabilities and potential rewards associated with a particular investment. Due diligence is not just about looking at the company’s financial reports or checking their website for errors. It’s about getting to know the company…

4 Ways to Measure Business Success
4 Ways to Measure Business Success 1024 576 Richard Willis

There are many factors that contribute to the success of a business. But what are they exactly and how do you actually measure them? Well, there are so many useful ways to do it that it can get difficult to know where to start. Not to worry though – we’ve got you covered. In this…

4 Reasons Why Perth Is Ideal for Running a Business
4 Reasons Why Perth Is Ideal for Running a Business 1024 576 Richard Willis

Perth is the capital and most populous city of Western Australia. And it also happens to be one of the most popular cities amongst business owners. Interested to find out why? There are plenty of reasons why so many entrepreneurs want to buy a business and settle down in Perth, so let’s dive into them!…

4 Reasons Why Your Business Won’t Sell
4 Reasons Why Your Business Won’t Sell 1024 576 Richard Willis

Selling your business is a big step to take. Such an important decision requires a lot of thought, as selling a business is not as easy as it may seem. In fact, some owners had to wait for years to make the sale happen, and some couldn’t sell at all. Now, there are many different…

3 Best Cities in Australia to Launch a Business
3 Best Cities in Australia to Launch a Business 1024 576 Richard Willis

Australia is a country with an abundance of natural resources, which makes it a perfect place to live and work. It also has a relatively low population density, which makes it easy to find affordable land for business operations. However, plenty of factors can influence the success of any business venture in Australia, and location…

How to Finance a Business: 4 Funding Options
How to Finance a Business: 4 Funding Options 940 627 Richard Willis

The age-old saying “spend money to make money” often turns out to be true. After taking the initial steps, such as deciding on a business idea, browsing businesses on sale, researching the market, and creating a value proposition, you’ll need the finance to set up the company. So what are the funding options? Let’s take…

Buying and Selling During a Recession
Buying and Selling During a Recession 940 627 Richard Willis

One of the biggest decisions a business owner or a prospective business owner might have is whether they should sell or buy a business during a recession. There is no direct answer to this, as the decision depends on the impact the recession has had on your company and your individual situation. So today, we’ll…

Buy a Business in Australia – Restaurants
Buy a Business in Australia – Restaurants 940 627 Richard Willis

Many people who enter the hospitality business industry are hoping to be in charge of their own restaurant and enjoy the freedom of self-employment. But as exciting as owning a restaurant may seem, there are many aspects to take into account when deciding to purchase a restaurant business. Budget and Finance The first step towards…