Financials Matter in Business Sales!

As we approach the end of the Financial Year for 2023 we wanted to focus this edition on the important financials to consider when buying or selling a business. Despite some challenges in the current economic climate, well-informed buyers are still actively seeking opportunities to invest in businesses with strong financials and stable sales histories.

In this edition, we've consulted with leading Australian business brokers and experts to provide you with the best advice on reviewing financials when buying or selling a business. We've also highlighted the importance of having a solid exit strategy and engaging professionals to assist you with the sale process, so you can obtain the optimum sale price.

Our featured business broker is Tony Arena. A veteran of the industry with over 30 years of experience. Sharing his thoughts on the future of business broking, the impacts of technology and how the buying and selling process has changed.

We hope that the articles in this edition provide you with valuable information as we approach the end of the financial year. Understanding a businesses financials is a large driving factor of the asking price, so approaching this process with expert assistance is crucial.

As always, we welcome your feedback and suggestions for future topics that you would like to see covered in our magazine.

Happy reading!

Sincerely,

CEO Bsale Australia Pty Ltd