Business Brokers Network Australia the largest network of Business Brokers with around 45 Business locations across Aust
Hodge Business Brokers prides itself in its ability to provide personal and professional service to its clients and cust
Sell for the right reasons A sale
has to be done for the right reason in order to be successful. Brokers say
good reasons to sell include a desire to move on to something else,
health, family commitment, divorce, retirement, or death of a spouse. Finances, on the other hand, are not
considered a positive motivation for selling your business. When people
want to use the proceeds to pay off a mortgage, or when financial
considerations are the driving force for some other reason, the sale often
does not happen. If a sale motivated by money does go through, it often
takes a long time to sell, and frequently sells for a price significantly
lower than what the owner hoped. When people try to sell for financial
reasons only, they are almost always unrealistic about the worth of their
business. Their price is not related to the marketplace because they have
doubled the worth or more and the marketplace will just not net them that.