for sellers

More for Business Sellers

You Can't Make A Silk Purse Out Of A Sow's Ear

Every buyer of every business wants to see a set of immaculate financials of the business they intend to purchase. The ideal scenario is to have a minimum of 3 years accountant’s figures, which would include the Profit & Loss, Balance Sheets and BAS for the previous 5 quarters. So often, when...

Tips for SELLING your business

As just one of the changes in the current Australian economy, there’s now a distinctly different emphasis in the market for small businesses. Any owner who plans on selling a business today needs to consider the following factors. In fact, many of them make good business sense anyway, but now they’...

How to VALUE a business

You have a business for sale on the Sunshine Coast.  What is its real market value? In TIPS on Selling a Business and TIPS on Buying a Business on this site we’ve covered a lot of the variables – different methods of valuation and how they can be applied and cross-checked but on top of this is our...

How we can help

Here's more detail on what we do selling your business. We: * Start with a full assessment of business, which involves a thorough in-depth look at all aspects of the business. * Provide you with a valuation of your business and we discuss your expectations of sale price * Recommend an asking price...

Managing Your Expectations

Most business owners are hopeful that once the business is “on the market”, a steady stream of ready, willing and able buyers will be falling over themselves to buy their business. This situation does occasionally happen, but it’s not the normal scenario. At Verified, we prepare a full...

Preparing Your Business For Sale

Having all your “ducks in a row” will increase the chances of a sale, reduce the doubts that may arise in a buyer’s mind and prevent possible hold-ups when you do receive a contract. Aim to have the following completed: Full financials for the previous three years, with BAS. Ensure your...

The Process for Selling Your Business

We value your business based on our assessment and its profitability together with our knowledge of what the market will pay for a business in your category.  We will then explain how we have arrived at this valuation. Once we have all the relevant details of the business (full financials/plant...

The Best Time To Sell Your Business

As we well know, timing is everything in business. Exactly when to place your business on the market should be of your choice, not a decision forced on you by adverse circumstances. In an ideal world, the best time to sell your business is when: The market is HOT for your category of business....

Why A Good Business Broker Is Important For A Successful Outcome

You could try to sell your business yourself. There are several internet sites that specialise in business sales, such as eBay, Gumtree and Biz 121. We often get asked to sell businesses after the owners have failed to sell their business on these sites. They tell us many tales of woe, from...

Deciding To Sell Your Business

All business owners will eventually ‘exit’ their business, either by selling it, gifting it to a son or daughter or quietly close it down. They sell the business for a variety of reasons: It’s time to retire. They wish to move to another type of business. They’re sick and tired of the hassles...