FAQ: How to Sell Your Business in Australia

What is my business worth?

• Understanding the value of your business is crucial. This often involves getting a professional valuation. More Information ...

When is the best time to sell?

• Timing can significantly impact the sale price. Factors include market conditions, business performance, and personal readiness. More Information ...

How long does it take to sell a business?

• The process can vary, but it typically takes several months to a year. More Information ...

What will I pay in taxes?

• Tax implications can be complex and vary depending on the structure of the sale and your location. More Information ...

How do I prepare my business for sale?

• Preparation involves organizing financial records, improving business operations, and sometimes making cosmetic improvements. More Information ...

Who are the potential buyers?

• Buyers can range from competitors and private equity firms to individual investors. More Information ...

What are the steps in the selling process?

• The process generally includes valuation, marketing, negotiating, due diligence, and closing. More Information ...

Should I use a broker or sell it myself?

• Brokers can provide expertise and access to a larger pool of buyers, but they also charge a commission. More Information ...