[Business Sales] Everything you need to know about buying and selling a business
- November 11, 2022
![[Business Sales] Everything you need to know about buying and selling a business](https://agents.oxbridge.com.au/wp-content/uploads/2022/11/seekbusiness-300x300.png)
Dear Oxbridge Partners and Affiliates,
Oxbridge has a subscription to over 15 business sales websites in Australia and NZ, the number 1 website being SeekBusiness in Australia. Join Lucia Vuong, Head of SEEK Business, and Managing Partner of Aspect Legal, Joanna Oakey, for a step-by-step guide to buying and selling a business.
Here’s what you’ll learn:
- Step-by-Step – Making an enquiry and what happens next
- Strategies for evaluating businesses (if you’re a buyer)
- What to expect buyers to ask about (if you’re a seller)
- Mistakes to avoid when navigating negotiations and offers.
- The role of business brokers in supporting transactions.
Whether you’re a first-time broker, buyer or seller, or a seasoned entrepreneur, this is one hour of power you don’t want to miss!
EVENT DETAILS
Date: Friday 29th November, 2024 5.30pm-8pm, 12:30 – 1:30 PM AEDT (NSW, VIC, ACT, TAS), 12:00 – 1:00 PM ACDT (SA), 11:30 AM – 12:30 PM AEST (QLD), 11:00 AM – 12:00 PM ACST (NT), 9:30 – 10:30 AM AWST (WA)
RSVP: support@oxbridge.com.au
- High Income Potential: Business brokers earn commissions based on the value of the businesses they sell, which can be substantial. With higher transaction values than typical real estate deals, a single sale can provide significant income, especially with larger businesses.
- Diverse and Dynamic Work: Business brokering offers variety; each transaction is unique, with different industries, business models, and client needs. This keeps the work engaging and allows brokers to develop knowledge across a broad range of industries.
- Demand for Expertise: Buying or selling a business is complex and requires specialized knowledge that most buyers and sellers don’t have. Business brokers are highly valued for their expertise in valuation, negotiation, and transaction processes, which are crucial for a smooth and successful sale.
- Relationship Building: Business brokers get to work closely with entrepreneurs, business owners, and investors, developing valuable connections. Building relationships with clients and learning about different industries can open doors to future opportunities and partnerships.
- Flexible Career Path: Business brokering offers flexibility, with many brokers able to set their own schedules and focus on the types of businesses and industries that interest them. This autonomy attracts people who value independence and want to shape their own careers.
- Personal Fulfillment: Helping business owners achieve their goals—whether it’s selling a business they’ve built or finding the right business for a buyer’s needs—can be highly rewarding. Brokers play an essential role in helping people take significant financial and personal steps, which can be deeply satisfying.
- Skill Development: Business brokers gain valuable experience in finance, valuation, marketing, and negotiation. These skills are widely applicable and can provide a foundation for future career growth, whether within business brokering or in other fields.
For those with a knack for business, an entrepreneurial mindset, and strong interpersonal skills, business brokering can offer a lucrative, flexible, and fulfilling career path.
The Oxbridge Team
