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Many Australian businesses are on the selling block due to the glut in the pending retirements of baby boomer business owners. Quite simply, they need to sell to retire. Yet, according to the September Quarter 2011 BizExchange Index, the number of businesses for sale rose by over 350%. Meanwhile, their prices halved. More creative ways of selling a business need to be considered.
A post last week from Flippa.com marketing manager Luke Moulton prompted a fierce response from some of our readers. To look at the post, titled 7 things you must do before attempting to sell your website, with its six comments, you wouldn't initially think this to be the case. This is largely because the most passionate responses bypassed our formal comments section.
Sorting the wheat from the chaff: Australian business owners/leaders reveal their highest priorities
What are the most pressing issues facing Australian business owners and CEOs? To find out, The CEO Institute polled its members on a range of questions during the month of October. Here are the issues that business owners and leaders deemed most important:
The BizExchange Index for the June 09 quarter has been released and and it provides further evidence that the economy may have bottomed out.