11 SEPTEMBER 2020 WEEKLY MARKET WRAP UP






MESSAGE FROM THE PARTNERS


MYBIZSALE is now well underway and is an incredible option for sellers where their business value is under $500k. 


Generating a high level of buyer enquiries is critical to selling any business, and MYBIZSALE does this exceptionally well. We would go so far as to say, we can generate more enquiries on businesses for sale than any other business brokerage firm in Australia.


We are pleased to announce another of our MYBIZSALE clients has just settled their business sale and saved over $9,000 in commission.


 Here is what they had to say:



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CHOOSING THE RIGHT SOLICITOR FOR YOUR DEAL




By now your terms sheet has been finalised between you and the buyer, and you are ready for the contracts to be drawn up. When it comes to choosing a solicitor, we have 2 simple rules to follow. 1. Can they get the work done at the specified time? There is a saying in our profession “time is the killer of all deals”. The contract stages should take between 4-6 weeks, and the people who are going to affect this time frame for better or worse are the solicitors. Your Solicitor should be able to provide a draft contract to the purchaser within 1-2 weeks maximum, from the time they have received the term sheet. We know a lot of solicitors that can have a basic contract within 48 hours. Before you engage your solicitor it’s a good practice to ask for their confirmation that they are satisfied with the time frame and that there is nothing that would prevent them from meeting the time frame specified... Read more




Our mission is to transcend the standards of the business broker industry, and this means so much more than just selling businesses.


We would love for you to be part of our community.




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From all of us at Vision Broker and Advisors, we really look forward to working with you.

Good luck, and make sure you have a look at our business for sale.


VIEW OUR BUSINESSES FOR SALE

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30 + years experience 

in operating, selling and buying

businesses

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CONTACT VISION

(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

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