Benefit #5 – How More Free Time Adds Value to Your Business

  10 Benefits of Having an Exit Plan   Benefit #5 – How More Free Time Adds Value to Your Business   Another major advantage of working through a longer term exit plan is that ultimately you will end up with more free time.   As you do your research and consider what your business […]

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Professional Cafe Valuation

  The True Value of a Professional Appraisal – Four Recent Case Studies   Yesterday I spoke with two owners who had recently had their businesses “valued” to get an idea of what their business might be worth.   Both calls had several things in common which is not unusual, the one thing that really […]

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Benefit #4 – Understand the Value and Profit Gap

  10 Benefits of Having an Exit Plan   Benefit #4 – Understand the Value and Profit Gap Following on from the previous post Know Exactly What Your Business is Worth I am going to assume that you now have a clearer idea of the current market value of your business. If this is the […]

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Benefit #3 – Know Exactly What Your Business is Worth

  10 Benefits of Having an Exit Plan   Benefit #3 – Know Exactly What Your Business is Worth   Your business is quite likely one of the biggest assets that you have but do you understand its true value?   In most cases a business will have involved a large upfront financial investment either […]

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Benefit #2 – Have Better Systems in Place

  10 Benefits of Having an Exit Plan   Benefit #2 – Have Better Systems in Place   A big part of the sales process is about reducing the risk in the mind of the buyer. The perceived value of your business may be more affected by potential risk than you realise.   If you […]

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Benefit #1 – Make More Profit 

  10 Benefits of Having an Exit Plan   Benefit #1 – Make More Profit    Having an exit plan for your business is not something that you should only think about when it is time to sell. Ideally you would have your exit planned before you start or buy the business.   Lets be […]

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Business Brokers in Brisbane

  Andrea I started my hospitality career in my early twenties in a very successful franchise café in London. Since then in every place I’ve worked I’ve always aimed to learn more and improve my career and understanding, firstly from the service side and later the management side.   I spent 4 years working in […]

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Business Broker in Canberra

  My name is Robert Illsley,  I am a licensed business broker in Canberra that specialises in the sale of Cafes   I am originally from Somerset in the South West of England and in 2000 I married a Wagga girl and moved to Australia in 2007. In 2014 I opened my own Café which […]

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How to Apportion Goodwill, Fixtures and Fittings

    The split between goodwill fixtures and fittings is something that will be agreed as part of your sale negotiation, knowing your tax position and what will suit you best is going give you the best chance of getting the terms that you want. If you have this figure worked out before you agree […]

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Do I Need To Pay GST When I Sell My Cafe?

      Do I need to pay GST when I sell my Cafe?   The question about whether or not GST is payable on the sale of a cafe is something that seems to confuse many people and, it is certainly something that you should look into before you sell.   The short answer […]

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How to Transfer a Liquor Licence NSW

How to transfer your liquor license

    Transferring your liquor license is not a lengthy or complicated process, the steps outlined below walk you through what you need to do.     Transfer of your liquor licence   You can transfer a liquor licence when you buy or sell a business. This allows the new business owner to trade under […]

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What to ask your solicitor when selling a cafe

    When talking to your solicitor about the sale of your one of the most important things to review is the current lease of the business.   In most cases we don’t tend to look at this document after we’ve bought the business but during the sale process it’s important to go through this […]

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How to Sell a Café – Financial Preparation

How to improve your cashflow

How to Sell a Café – Financial Preparation   One of best things that you can do in order to prepare your café for sale is to have your financials prepared and ready to provide to qualified buyers.   Having your financials prepared basically means having up to date information that proves the amount of […]

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Exit Planning For Cafe Owners – Lease Considerations

      The Sweet Spot – Timing the Sale of Your Business   This post marks the first in a new series discussing the ways in which you can add value to your cafe and maximise the return when you sell. This article discusses what an important part of the valuation process the lease […]

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