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When you are buying or selling a business, the most important thing you need to know is what the business is actually worth. This is the information a business valuation provides, and it prevents you from buying too high or selling too low. The best place to get business valuations in Brisbane is Quill.
Our team includes a diverse range of business and financial experts who will work together to provide a reliable and accurate business valuation.
We leave no stone unturned in our due diligence investigations, making sure the business really is in a saleable condition before it is sold.
If you are selling your business, it is always in your best interest to tie up any loose ends that may potentially hold up the sale or raise concerns for the buyer. Matters that are not properly resolved can affect your business value, and quite often it is easy and inexpensive to get everything squared away in advance of the sale.
Buyers should be careful that they are not buying into unwanted obligations or liabilities when they purchase the business.
Quill can facilitate the process by performing all the necessary checks to make sure the business is ready for transfer to new ownership. This saves both the buyer and the seller from wasting time or encountering a nightmare scenario where delays and problems hinder their plans.
Getting a business valuation from Quill means knowing about anything that might affect the successful transfer and sale of the business.
Selling a business is usually easy. It’s getting a return close to the true value of the business that can be difficult. A few things you can do to help get your final selling price close to or even above the true value include:
These actions not only can help your business valuation but will also help make it easier to sell your business. Buyers will only buy when they feel confident, and that can only happen if the first impression does not leave them feeling uneasy.
The checklist for buyers is similar to the checklist for sellers, because you’ll want to check the same things, but from the opposite perspective.
The seller’s aim should be to ensure you are confident about the sale, your aim should be exactly the same. If for any reason you do not feel confident, it could be a sign that this business purchase is not the best decision for you. Here are the things you can check and actions you can take to improve your confidence:
There are a lot more things you can learn about buying and selling businesses. For more advice, contact Quill by calling the phone number on this page or leaving a message on our contact form.
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“Up until recently I haven't' needed a lot of one-on-one advice but when I have, Geoff Burchill has always been very prompt. Recently I have needed some advice regarding retirement and superannuation and Geoff has given me a lot of time. I have had a 15 year relationship with Geoff as my financial advisor and I have always felt my funds are in good hands.”
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