Selling a Business & Web Statistics reports

Best areas of demand are: Businesses that make over $100K for the proprietor, and with strong assets, which in turn makes funding more straightforward.

There is still a market for micro businesses, but we need good records  or very good asking prices.

 

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Our clients are offered a multi level marketing solution:

1.4 websites, including this one

2.Social Media exposure

3.Direct mail to persons of influence and our subscription database of enquiries.

4. Newspapers.

A recent endorsement from potential  buyers in 2020.”Peter is a lovely and respectful chap to deal with. If you’re looking to purchase a business in the area, he is well worth contacting. Goodness knows what he might have in the books. Very easy and comfortable to deal with. Great with follow up information. Highly recommend Peter.”

 

When is the best time to sell?

Below are a few tips for consideration when you are thinking about selling your business.

Probably when the business is well established and generating good profits. Always allow a reasonable selling period – typically up to 6 months or even longer.As you can see from the web stats below, there was a steady decline toward July, levelling out in August, and a strong resurge in September with well over 5,000 unique visitors predicted

Web site statistics to 12 September 2020 below:

Month Unique visitors Number of visits Pages Hits Bandwidth
Jan 2020 9,046 14,097 53,051 434,875 13.70 GB
Feb 2020 6,947 11,714 44,598 228,345 5.86 GB
Mar 2020 7,522 11,385 32,585 251,635 7.73 GB
Apr 2020 4,970 7,744 49,542 160,241 4.07 GB
May 2020 5,034 9,180 42,116 144,606 3.67 GB
Jun 2020 4,430 7,944 43,146 113,861 2.45 GB
Jul 2020 3,554 5,252 20,579 61,157 1.28 GB
Aug 2020 3,581 6,095 41,646 87,117 1.54 GB
Sep 2020 2,820 3,581 11,280 68,515 1.60 GB

So what documentation is needed to sell your business?

  • Up to date financial statements, including copies of recent Business Activity Statements (BAS);
  • A list of equipment to pass with the business, and whether it is encumbered ( i.e. leased/ chattel mortgaged etc);
  • A copy of your current lease, or alternatively a proposed rental or sale price for your property;
  • If your business is located in Victoria, and its plant & good will figure is less than $450,000, you will also need – at the time of deposit or contract – a vendor’s statement (Sn 52)  about the performance of the business. NB This does not apply to licensed premises.