Selling your Business – What about your Lease?

Selling your Business:  What about your Lease? So you are thinking about selling your Business. There are quite a number of things you need to consider before you list it for sale. One of those things is the location from where you run your treasured business. Most businesses are run from leased premises. This means…

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Mandatory Code introduced in Relation to Commercial Leasing

The Prime Minister has given another address to the Nation following the National Cabinet Meeting today. The Prime Minister has stated that there will be a mandatory Code introduced in relation to commercial leasing by the State Governments, and the mandatory Code will contain the following points: The Tenant or Landlord will be covered by…

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Going into Franchising

If you are considering franchising your business model or acquiring a franchise business, there is a lot of homework you need to do before you embark on this journey. Utilise the many resources available to ensure you fully understand the concepts involved and educate yourself before you make the leap – it may save you many thousands…

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Is buying a Franchise really for you?

Anyone going into business should spend some time engaging in a little navel gazing and examine (honestly) your attitudes, capabilities and goals. There are no guarantees of success just because you are buying a franchise business. A significant percentage of franchise failures are the responsibility of the franchisees themselves. Reasons for failure can include: The franchisee not…

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Buying a Franchise?

Before you take the plunge into buying a franchise business there are some must dos. The first on the list is to educate yourself about what you are really getting into. Research, reading and talking to people is a great start. Luckily for budding franchises there are very good resources – Start with the website…

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Man’s Best Friend

Medium and high-density living is becoming more popular, and with certain areas experiencing high population growth, it is also becoming necessary. So, if we are leaving the “white picket fences” behind, what about our treasured companions, or man’s (woman’s) best friend? We often hear from Buyers that agents have told them “the Body Corporate cannot…

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Just Get On With It!

The dust is settling from the recent federal election and Australia has dodged a bullet. The bullet of indecision, delay and inaction. For months before the election many of our clients had put their plans on hold – property plans, commercial plans, superannuation plans and estate planning. My fear was that our clients would be no…

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Records You Need to Sell a Business

Are you ready to sell a business? What financial documents should you have available for a potential buyer? Any buyer interested in your business is going to want to review the records of your business. A buyer will probably also have their accountant go through the books and records, so it is important that they…

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