Business2Sell

Business2Sell
Business2Sell
Financial Services-ASHMORE, QLD
Financial Services-Ashmore, QLD
Our continuing aim is to connect business buyers with Franchisors, Business Brokers, Franchisees and private sellers . We have helped thousands of people looking for the right opportunity by..
207 Currumburra Rd, Ashmore, Qld, 4214.
207 Currumburra Rd, Ashmore, Qld, 4214.
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Our continuing aim is to connect business buyers with Franchisors, Business Brokers, Franchisees and private sellers . We have helped thousands of people looking for the right opportunity by connecting them to the right business for them. In addition, we continue to provide business owners the perfect link to Business Brokers or the ability to list their business directly on the website. We also have directories listing companies who offer business related services like valuations, finance, coaching, consulting and much more. This is another Business2Sell service making selling a business easier for our clients.
WHO ARE WE?
The Business2Sell Group is an Australian IT success story. Established in 2006 the Group now incorporates our flagship websites Business2Sell, CommerscialProperty2Sell and MillionDollarMansions. We now have branches in New Zealand, USA, Canada, South Africa and UK.The whole group has been founded and continues to operate with the underlying principle of providing a superior service that actually works at industry-leading value-for-money.
WHATS OUR VISION?
Information Technology continues to evolve at a seemingly endless pace. We will always be at the forefront of research and development so that our business is technologically current and our clients always stay ahead of the pack. We will constantly strive to find ways to provide a faster, easier to use service at even better value. That is our continued commitment to our franchisors, business brokers and all our clients.
Brisbane is one of the major business hubs in Australia and one of the fastest growing state economies. It is the capital city of Queensland, Australia. The economy has grown steadily over recent years with industries such as IT, financial services, and manufacturing industries. The city, with a population of 2 million, offers many opportunities to those looking to operate the business. The main business district is located near the original European settlement that was built in 1825. Tourism counts for as one of the biggest business industries in Brisbane.
There are several advantages of buying and already existing and running a business. Staff, customers, and suppliers can be quickly transferred and it also saves the time and money involved in setting up a business from scratch. Buying a business is less risky than starting a new one, also financial institutions or banks often lend money easily in case an existing business unit is being bought. Buying a business also ensures transferring skilled employees, customer base, etc. With these advantages, a few disadvantages follow as well such as, a large amount of investment might be needed to buy and repair old machinery, staff having morale etc. Searching for a business comprises of two steps, first to find the business that fits the entrepreneurs dream and secondly to evaluate the business as selected. There are two optimal ways to search for the best option, namely, self-assessment or hiring business brokers. When an entrepreneur decides to buy a business after assessing the market on his own, then, while deciding, following are the key areas which have to be studied in detail;
Market Analysis: The industry/market which is booming and its growth trend over a specified number of years.
Costs Analysis: Ability to control operating and other costs. Analyzing both controllable and non-controllable costs.
Competition Analysis: Ability of the market to sustain current level of competition.
Geographical Analysis: Identifying the areas where an entrepreneur wants to locate his business.
A detailed checklist should be prepared while an entrepreneur is considering to buy a business. This checklist will help conduct a due diligence and ensure that the relevant & important information is available with the entrepreneur before the decision to seal the deal is taken. Through this process, the entrepreneur gets a perspective on the business operations, financials, legal and tax compliance, intellectual property, assets etc. It is a complex and a time-consuming process. Each and every minute detail is to be studied. As it is a serious, valuable and a long term investment, it is advisable to take professional guidance and thus hire a business broker. However, networking with actual business owners might prove be more effective than relying on middlemen like brokers. Trade letters, classified ads, and local business publications are also other resources of searching for options. Hiring a Business Broker is a wise decision while searching for a business to buy in Brisbane. A business broker is an agent to facilitate the buying and selling process for business owners. They know the market inside out and also offer professional insight as they carry suitable experience in purchasing a business. Paperwork is simplified, owing to their experience. A full-service business broker too can provide professional guidance while searching for a suitable business to buy. They thoroughly screen businesses and compile a Business Information Profile which can be matched to a specific search criteria.
Additionally an accountant can be hired to assist in understanding the matters pertaining to taxation, a legal counsel to learn about the statutory compliances etc. An entrepreneur must give a brief about his background, history, financial ability to buy a business, and overall experience to the business broker. This will help the broker instead in finding the right opportunity for the entrepreneur in turn. After the confidentiality agreement is signed with the broker, a list of businesses meeting the buyer’s needs, are presented for review. Negotiations are lastly, the most important aspect of buying a business in which the brokers assist. They ensure that both the buyer and seller remain focused and the deal is concluded smoothly. Business brokers too have certain drawbacks if hired, following are a few as highlighted:
There is a service fee charged by brokers, 5 to 10 percent of the purchase price.
There is lack of control from the entrepreneur’s perspective.
At times, there might be a pressure to buy a business or accept a contract even when one is not convinced.
Before a business broker is finalized, following few aspects need to be checked and compared as Brisbane has lot many business brokers offering such services.
Fees structure of the broker
Field of specialization
Major deals that they have helped materialized in the past
Have they ever owned a business themselves
Number of clients, currently on their list
It is imperative to note that a broker must have dealt with the kind of business the entrepreneur wants to buy, same or approximately the same size, and has knowledge of the business owner’s business type. Usually, sellers do not make the news of selling their business public, hence it becomes difficult to search for an apt business unit to buy and therefore business brokers prove to be helpful. Out of the options as suggested by the broker, assessing your own level of experience, the type of business we want, and details of financials etc. The buyers have an option of approaching their contacts in the industry, other business owners or join the business network groups in order to find the optimum business setup to buy, apart from the above two options. Buyers can run their own advertisement and invite nominations. Whether an entrepreneur decides to go with a broker or on his own, it is essential that his acquisition team is ready comprising of a legal counsel, an accountant, and a banker. The acquisition team usually gets involved after the preliminary analysis as they examine the potential and calculate the purchase price to be quoted. Arriving at a fair price is challenging as the buyer and seller both hold a different view point. Buyers should not be in a hurry to conclude the deal while buying as this can affect the price of the business in consideration. One should take time, evaluate and then quote a price. Mistakes like failure in verifying all data, buying all receivables, treating the seller unfairly should be avoided.
Author Info Manish Khanna
Manish is founder of Business2sell Group of Websites. 
Business2Sell.com.au is one of the leading business and franchise for sale listing websites. We work with our business brokers, commercial agents, franchisors and private sellers to help them connect with the right buyers for their opportunities. 
With website now functional in Australia, United States, United Kingdom, Canada, New Zealand and South Africa. We have over 18,000 businesses for sale listed, with over 220 Business Broker and Commercial Agent. 
I have over 20 years of experience in Web Industry; I have been involved in websites industry since the early years of 1996-97. In my professional career I may have worked for over 10,000+ websites. My Specialty is to build portals or complex online applications.

WHO ARE WE?
The Business2Sell Group is an Australian IT success story. Established in 2006 the Group now incorporates our flagship websites Business2Sell, CommerscialProperty2Sell and MillionDollarMansions. We now have branches in New Zealand, USA, Canada, South Africa and UK.The whole group has been founded and continues to operate with the underlying principle of providing a superior service that actually works at industry-leading value-for-money.
WHATS OUR VISION?
Information Technology continues to evolve at a seemingly endless pace. We will always be at the forefront of research and development so that our business is technologically current and our clients always stay ahead of the pack. We will constantly strive to find ways to provide a faster, easier to use service at even better value. That is our continued commitment to our franchisors, business brokers and all our clients.
Brisbane is one of the major business hubs in Australia and one of the fastest growing state economies. It is the capital city of Queensland, Australia. The economy has grown steadily over recent years with industries such as IT, financial services, and manufacturing industries. The city, with a population of 2 million, offers many opportunities to those looking to operate the business. The main business district is located near the original European settlement that was built in 1825. Tourism counts for as one of the biggest business industries in Brisbane.
There are several advantages of buying and already existing and running a business. Staff, customers, and suppliers can be quickly transferred and it also saves the time and money involved in setting up a business from scratch. Buying a business is less risky than starting a new one, also financial institutions or banks often lend money easily in case an existing business unit is being bought. Buying a business also ensures transferring skilled employees, customer base, etc. With these advantages, a few disadvantages follow as well such as, a large amount of investment might be needed to buy and repair old machinery, staff having morale etc. Searching for a business comprises of two steps, first to find the business that fits the entrepreneurs dream and secondly to evaluate the business as selected. There are two optimal ways to search for the best option, namely, self-assessment or hiring business brokers. When an entrepreneur decides to buy a business after assessing the market on his own, then, while deciding, following are the key areas which have to be studied in detail;
Market Analysis: The industry/market which is booming and its growth trend over a specified number of years.
Costs Analysis: Ability to control operating and other costs. Analyzing both controllable and non-controllable costs.
Competition Analysis: Ability of the market to sustain current level of competition.
Geographical Analysis: Identifying the areas where an entrepreneur wants to locate his business.
A detailed checklist should be prepared while an entrepreneur is considering to buy a business. This checklist will help conduct a due diligence and ensure that the relevant & important information is available with the entrepreneur before the decision to seal the deal is taken. Through this process, the entrepreneur gets a perspective on the business operations, financials, legal and tax compliance, intellectual property, assets etc. It is a complex and a time-consuming process. Each and every minute detail is to be studied. As it is a serious, valuable and a long term investment, it is advisable to take professional guidance and thus hire a business broker. However, networking with actual business owners might prove be more effective than relying on middlemen like brokers. Trade letters, classified ads, and local business publications are also other resources of searching for options. Hiring a Business Broker is a wise decision while searching for a business to buy in Brisbane. A business broker is an agent to facilitate the buying and selling process for business owners. They know the market inside out and also offer professional insight as they carry suitable experience in purchasing a business. Paperwork is simplified, owing to their experience. A full-service business broker too can provide professional guidance while searching for a suitable business to buy. They thoroughly screen businesses and compile a Business Information Profile which can be matched to a specific search criteria.
Additionally an accountant can be hired to assist in understanding the matters pertaining to taxation, a legal counsel to learn about the statutory compliances etc. An entrepreneur must give a brief about his background, history, financial ability to buy a business, and overall experience to the business broker. This will help the broker instead in finding the right opportunity for the entrepreneur in turn. After the confidentiality agreement is signed with the broker, a list of businesses meeting the buyer’s needs, are presented for review. Negotiations are lastly, the most important aspect of buying a business in which the brokers assist. They ensure that both the buyer and seller remain focused and the deal is concluded smoothly. Business brokers too have certain drawbacks if hired, following are a few as highlighted:
There is a service fee charged by brokers, 5 to 10 percent of the purchase price.
There is lack of control from the entrepreneur’s perspective.
At times, there might be a pressure to buy a business or accept a contract even when one is not convinced.
Before a business broker is finalized, following few aspects need to be checked and compared as Brisbane has lot many business brokers offering such services.
Fees structure of the broker
Field of specialization
Major deals that they have helped materialized in the past
Have they ever owned a business themselves
Number of clients, currently on their list
It is imperative to note that a broker must have dealt with the kind of business the entrepreneur wants to buy, same or approximately the same size, and has knowledge of the business owner’s business type. Usually, sellers do not make the news of selling their business public, hence it becomes difficult to search for an apt business unit to buy and therefore business brokers prove to be helpful. Out of the options as suggested by the broker, assessing your own level of experience, the type of business we want, and details of financials etc. The buyers have an option of approaching their contacts in the industry, other business owners or join the business network groups in order to find the optimum business setup to buy, apart from the above two options. Buyers can run their own advertisement and invite nominations. Whether an entrepreneur decides to go with a broker or on his own, it is essential that his acquisition team is ready comprising of a legal counsel, an accountant, and a banker. The acquisition team usually gets involved after the preliminary analysis as they examine the potential and calculate the purchase price to be quoted. Arriving at a fair price is challenging as the buyer and seller both hold a different view point. Buyers should not be in a hurry to conclude the deal while buying as this can affect the price of the business in consideration. One should take time, evaluate and then quote a price. Mistakes like failure in verifying all data, buying all receivables, treating the seller unfairly should be avoided.
Author Info Manish Khanna
Manish is founder of Business2sell Group of Websites. 
Business2Sell.com.au is one of the leading business and franchise for sale listing websites. We work with our business brokers, commercial agents, franchisors and private sellers to help them connect with the right buyers for their opportunities. 
With website now functional in Australia, United States, United Kingdom, Canada, New Zealand and South Africa. We have over 18,000 businesses for sale listed, with over 220 Business Broker and Commercial Agent. 
I have over 20 years of experience in Web Industry; I have been involved in websites industry since the early years of 1996-97. In my professional career I may have worked for over 10,000+ websites. My Specialty is to build portals or complex online applications.

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