17 JULY 2020 WEEKLY MARKET WRAP UP


MESSAGE FROM THE PARTNERS


Here are some of our key principles that a seller should expect from their broker, which in our view underwrites the success of any sale. We recommend discussing the following with your broker from the outset. 


Sharing process and expertise within our community, to people like you, is a big part of what lights us up!




WHAT TO EXPECT FROM A BROKER



1.    DO NOT RUSH A BUSINESS TO MARKET

Most failed business sales can be traced back to what happens before the business is listed for sale. 


The biggest mistake you can make with your broker is listing the business before conducting a thorough preparation of material information.


It seems a simple enough concept, though you would be surprised how many brokers and sellers skip this step or do the bare minimum.


People selling their business ultimately prefer and benefit from professional advice with respect to pricing and strategy, which cannot be provided without assessing the right information. 

2.    THINK ABOUT YOUR PRICE OBJECTIVELY

Understandably, this is going to be difficult for most sellers to do. The conversation here with the broker is important... Read more




THIS WEEK'S INTERVIEW


In this video, Dan Levitus speaks to Peter Harrison of Fish River Roasters

and discusses the key elements that allowed Peter and his business to thrive through the current COVID-19 economy.


Find out how placing a high importance on people and communities

can enable your business to remain strong during these uncertain times.










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.

https://www.vbaaustralia.com.au/businesses-for-sale-vision-brokers

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30 + years experience 

in operating, selling and buying

businesses

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(02) 8923 2632

info@vbaaustralia.com.au

Level 32/ 101 Miller Street
North Sydney, NSW 2060

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