Why Your EOFY Stocktake Matters More Than You Think (If You’re Selling Your Business)
With the end of the financial year (EOFY) quickly coming around the corner, it’s natural for business owners to focus on strategies to minimise their tax obligations. EOFY stocktakes, expense reviews, last-minute deductions; it’s all part of the annual rhythm.
Franchise vs. Independent Business: Making the Right Choice Before EOFY
If you are looking to become a business owner of either a franchise or an independent business, the time to act is now. Make sure you are prepared to make an informed decision as this will have implications that extend beyond daily operations to tax planning, financial positioning, and long-term growth potential. Understanding the fundamental differences between franchise and independent models can help you make an informed decision that aligns with your goals.
Timing the Market: How to Decide If You Should Sell Before or After EOFY
When considering a business exit, timing the sale of a business can be just as critical as the decision to sell itself. One of the key questions that often arises is whether to finalise a sale before the end of the financial year (EOFY) or to wait until post-EOFY market conditions stabilise. While each option presents distinct advantages and challenges, the right choice depends on factors such as financial positioning, tax implications, buyer sentiment, and broader economic conditions in Australia.
Why It’s Okay to Feel Hesitant About Selling Your Business—and Why It Might Be the Best Decision You Ever Make
Deciding to sell a business is never an easy choice. Even when the signs suggest it’s time to move on, many business owners find themselves hesitating. The emotional weight of letting go can be overwhelming, and it’s completely normal to feel this way. However, while these concerns are natural, it’s important to recognise that selling your business could, in fact, be one of the best decisions you make for your future.
From Side Hustle to Sale: Selling A Lifestyle Business
Turning a side hustle into a lifestyle business is an accomplishment many entrepreneurs in New Zealand take great pride in. These ventures often prioritise flexibility and work-life balance, making them uniquely appealing to buyers who value freedom as much as profitability. If you’re considering selling your lifestyle business, positioning it as an attractive opportunity requires careful planning and a strategic approach.
Preparing Your Business for Sale in 2025
As the calendar turns to 2025, many business owners may find themselves assessing their goals. For some, this includes taking the exciting step of selling their business. Whether you’re planning to retire, pursue new ventures, or simply reap the rewards of years of hard work, preparing your business for sale is a process that requires careful planning and execution.
Selling a Family-Owned Business
A family-owned business is more than just a source of income—it’s a legacy, a symbol of hard work, and often a major part of family identity. Therefore, deciding to sell your family business can be an emotional and complex process.
