Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
71
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: Non-static method JPluginHelper::_import() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
97
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: Non-static method JPluginHelper::_import() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
97
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: Non-static method JPluginHelper::_import() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
97
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: Non-static method JPluginHelper::_import() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
97
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: Non-static method JPluginHelper::_import() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
97
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
486
Deprecated: Non-static method JDispatcher::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
140
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Strict Standards: Non-static method JPluginHelper::getPlugin() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/novasfh.php on line
27
Strict Standards: Non-static method JPluginHelper::_load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
41
Deprecated: Non-static method JRegistryFormat::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/registry/registry.php on line
373
Deprecated: Non-static method JFilterInput::clean() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/registry/format.php on line
45
Strict Standards: Non-static method JFactory::getDBO() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/josdewplayer.php on line
15
Strict Standards: Non-static method JLoader::load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
161
Strict Standards: Non-static method JLoader::register() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
138
Deprecated: iconv_set_encoding(): Use of iconv.internal_encoding is deprecated in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/utilities/string.php on line
32
Deprecated: iconv_set_encoding(): Use of iconv.input_encoding is deprecated in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/utilities/string.php on line
33
Deprecated: iconv_set_encoding(): Use of iconv.output_encoding is deprecated in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/utilities/string.php on line
34
Strict Standards: Non-static method JString::strpos() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/josdewplayer.php on line
17
Strict Standards: Non-static method JString::strpos() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/emailcloak.php on line
67
Strict Standards: Non-static method JString::strpos() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/emailcloak.php on line
73
Strict Standards: Non-static method JFactory::getDBO() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/loadmodule.php on line
24
Strict Standards: Non-static method JString::strpos() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/loadmodule.php on line
26
Deprecated: Non-static method JSite::getMenu() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/components/com_content/views/article/view.html.php on line
110
Deprecated: Non-static method JApplication::getMenu() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/includes/application.php on line
348
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JMenu::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
701
Deprecated: Non-static method JError::isError() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
702
Deprecated: Non-static method JFactory::getConfig() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
384
Deprecated: Non-static method JFactory::getDocument() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
912
Deprecated: Non-static method JFactory::getConfig() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
384
Deprecated: Non-static method JFactory::getDocument() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
912
Deprecated: Non-static method JRegistryFormat::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/registry/registry.php on line
373
Deprecated: Non-static method JFilterInput::clean() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/registry/format.php on line
45
Strict Standards: Non-static method JRequest::getCmd() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/pagenavigation.php on line
21
Strict Standards: Non-static method JRequest::getVar() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
255
Strict Standards: Non-static method JRequest::_cleanVar() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
134
Strict Standards: Non-static method JFilterInput::getInstance() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
577
Strict Standards: Non-static method JPluginHelper::getPlugin() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/pagenavigation.php on line
24
Strict Standards: Non-static method JPluginHelper::_load() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/plugin/helper.php on line
41
Strict Standards: Non-static method JFactory::getURI() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/plugins/content/vote.php on line
21
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Strict Standards: Non-static method JURI::getInstance() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/factory.php on line
402
Deprecated: Non-static method JRequest::getBool() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/components/com_content/views/article/view.html.php on line
183
Deprecated: Non-static method JRequest::getVar() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
217
Deprecated: Non-static method JRequest::_cleanVar() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
151
Deprecated: Non-static method JFilterInput::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/environment/request.php on line
577
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JPath::find() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/component/view.php on line
547
Deprecated: Non-static method JError::isError() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/component/view.php on line
193
Deprecated: Non-static method JFactory::getACL() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/user/user.php on line
260
Deprecated: Non-static method JFactory::getACL() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/user/user.php on line
260
|
Conform to the market not the other way around? |
Unlike the real estate market, which is supported by a formal mechanism for determining values, the market for small businesses in Australia is highly fragmented, and heavily influenced by a number of internal and external factors. Rarely are two businesses alike. And even if they were, there is no public repository or titles office of information where selling prices and terms are recorded. Otherwise, anyone could access this data to make comparisons and determine a proper, comparable, value for a business.
A successful sales strategy in this environment begins with a determination of what buyers are seeking, and then making sure that what you have to offer conforms to those requirements.
This is particularly applicable in the case of price and terms, but also when it comes to training, covenant not to compete and some of the other particulars of a sale, as will be explored in future articles.
The best way to find out what multiples of earnings to apply in arriving at a price for a business like yours, or what valuation approaches are used to assess business assets, is to discuss this with a business broker or agent.
Or you can consult with a business valuer familiar with valuing small businesses in Australia. And a second opinion is helpful.
With information about the value of your business, given current market conditions, you are prepared to bring to market an offering that reflects today’s realities.
Be forthcoming with needed information
For many owners who’ve developed the habit of maintaining some secrecy about business affairs, it would be easier to give up a couple of teeth rather than share with others the details about their operations. Perhaps this describes you. Naturally, it’s important to limit exposure of the company to those prospective buyers.
|
Strict Standards: Non-static method JLoader::import() should not be called statically in
/home/dreamhost_rama/www.bizaus.com.au/libraries/loader.php on line
186
Deprecated: Non-static method JPathway::getInstance() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
678
Deprecated: Non-static method JError::isError() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/application/application.php on line
679
Deprecated: Non-static method JError::isError() should not be called statically, assuming $this from incompatible context in
/home/dreamhost_rama/www.bizaus.com.au/libraries/joomla/cache/cache.php on line
229