Sell a business

Advice What information will I need to prepare prior to selling my business?

Entrepreneurs looking to sell up need to make it as simple as possible for potential buyers to examine their company and assess its value.

Advice How do I work out the right asking price for my business?

There is an easy answer to the question of how much a business is worth – as much as someone is prepared to pay.

Advice Where can I sell my business?

There are two main approaches an entrepreneur can take when it comes time to sell their business – go it alone, or get help.

Advice When should I sell my business?

The reasons entrepreneurs sell their companies are many and varied, and of course depend a lot on the personal circumstances of the owner.

Advice Why do I need to think of an exit strategy?

When you are working hard to get your new start-up off the ground, the last thing you are going to be thinking about is how you might exit your business.

News Groupon embarks on mobile start-up shopping spree

Groupon has acquired two US-based mobile start-ups as it hones in on the mobile market, hot on the heels of new data that shows the mobile, social and deals categories led private tech investments in 2011.

News Investors look to Australia as Asia-Pacific tech deals soar

The Asia-Pacific is the second top region for global deals in the internet and technology sector, a new report reveals, with US investors becoming increasingly interested in Australian companies.

Mentors How should I structure my business to make it attractive for a buyer?

The simpler the structure and the more organised your documentation is, the easier and more attractive it will be for the buyer, all other things being equal.

News Xero acquires Max Solutions after raising $15m

Accountancy software company Xero has raised $15 million to fund global growth and has made its first acquisition for the year, snapping up Max Solutions in a deal worth almost $5 million.

News The Heat Group acquires Billie Goat Soap

Personal care company The Heat Group has acquired natural skincare retailer Billie Goat Soap for an undisclosed sum, saying it intends to make further acquisitions as it expands its portfolio.

News Family business owners neglect exit planning: Report

Only 25% of family business owners consider selecting a leadership successor a critical issue, a new report reveals, prompting experts to highlight the importance of exit planning.

News Twitter to shut down Summify following acquisition

Twitter has acquired social aggregation service Summify for an undisclosed sum, two years after its Romanian-born founders relocated to Vancouver.

News Apptopia to help app developers sell their wares

Apptopia, a marketplace designed to help broker the sale of mobile apps, is to launch with the aim of providing an exit strategy for developers and an opportunity for other entrepreneurs.

News 2011 a bumper year for Australian M&A activity

Australian merger and acquisition activity soared in 2011, thanks to multibillion dollar deals made by major mining companies, but Australian IPO volume was at its lowest level since 2001.

Taskmaster Narrow the focus of your business

At Taskmaster Enterprises, we won’t promise to do everything for everyone, but we will promise that we’ll be the best at what we do. What will your business promise this year?

News US firm ezRez acquires Aussie-founded Topguest

Travel rewards redemption company ezRez Software has acquired San Francisco-based start-up Topguest, which includes two Australians among its three co-founders, for an undisclosed sum.

News Google acquires one “company per week”, chairman says

Start-ups looking to be acquired by Google may already be on the company’s radar, with chairman Eric Schmidt saying the search engine giant acquires a company every week.

News Facebook snaps up Gowalla’s team

Facebook has hired the co-founders and several team members of geo-social app Gowalla but will not acquire the service itself, which is due to be shut down in January.

News Twitter acquires security start-up Whisper Systems

Twitter has acquired US-based security start-up Whisper Systems, with the company’s two team members to begin working for the social media giant in what is primarily a talent buyout.

News eBay acquires recommendation service Hunch

Auction site eBay has acquired New York-based recommendation service Hunch, in a deal believed to be worth $80 million, as recommendation websites continue to grow in popularity.

News Iconic Australian surfwear brand Hot Tuna up for sale

Australian-founded surfwear brand Hot Tuna is up for sale due to slow growth and a stagnant market, according to reports.

News Walmart acquires Aussie tech start-up Grabble

Australian tech start-up Grabble has been acquired by US retail giant Walmart for an undisclosed sum, in a deal that will see Grabble’s technology and talent become part of Walmart Labs.

News Trunk.ly acquired by Delicious.com owner

Australian social bookmarking start-up Trunk.ly has been acquired by US-based tech company AVOS Systems, the parent company of Trunk.ly competitor Delicious.com, less than a year after it was founded.

News Allphones franchisees face uncertainty over sale

Mobile phone franchise Allphones is reportedly up for sale, 18 months after it was forced to pay $3 million in damages to franchisees for introducing a “no dickheads” policy.

News Facebook’s start-up acquisition highlights value of perching on major tech platforms

Tech start-ups have an opportunity to complement social media and IT platforms rather than rival them, experts say, following Facebook’s acquisition of Q&A social service Friend.ly.

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