How can you make your business worth a larger amount when you want to sell it? Before we answer this question, remember: your business will only be worth what someone else is willing to pay for it. So, you may think it is worth $1… Read More >>
What would happen to your business if you or your business partner passed away? If you passed away tomorrow, would your family want to take over your role in the business? What about if you become totally and permanently disabled and can never work again,… Read More >>
Get your business sale-ready with our 5 things that will increase your business saleability The environment is now ripe for small and medium businesses to take advantage of the current market conditions to maximise their sales price. With a low Australian dollar, interest rates at… Read More >>
Want to maximise your business wealth before you sell your business? If so, you’ll need your staff to be focussed and engaged to do this. Some possible concerns to address may be: You are not sure what your business is worth Your business is ‘owner reliant’ No formal succession plan Past staff… Read More >>
Staff and succession case study: manufacturing business Background We recently advised a manufacturing business planning to reward employees with bonuses and successors with shares in the business. The four directors believed their business to be an employer of choice and had been discussing employee bonuses and… Read More >>
Back before the internet, David and Barbara went searching for a business to buy. When they found one in Gatton, Queensland, that sealed the deal and they moved from Sydney to the Lockyer Valley and the rest, as they say, is history.
As a small business owner it is important to have a retirement plan in place well before deciding to retire. This is because, in most cases, your major asset is your business. Planning ahead will ensure you have sufficient funds to maintain your lifestyle in… Read More >>
We advised a client “David” (53), owner/operator of a successful business providing professional services to the building and construction industry. David had started thinking about retiring and believed all it would take is not getting out of bed to go to work. Until he spoke… Read More >>
A ‘Business Value Gap’ is the difference between the value of your business today and what you need it to be at time of sale. A shortfall can have a significant impact on your retirement plans and may force you to reassess your desired standard… Read More >>
Back to basics natural approach for future business sale strategy. Just as Anita Lyne makes it her business to nourish Gatton, Queensland with good food and wellbeing, so does OBT Financial Group make it theirs to ensure Anita’s business has all the right ingredients to run well.