How to buy a business

How to buy a business

Find out why the vendor is selling Before you look at the books, Sharma says, develop a clear understanding of why the business is being sold. “This is more important than the dollar value,” he says.  “Is it about retirement, or do they just want a change of career?...
Payment times: Have your say

Payment times: Have your say

ASIC’s statistics show insolvency activity, including external administration and court liquidation, increasing, while ABS data reveals that the number of business exits increased by 27% year-on-year during the 2022-23 financial year. Payment times for small...
Interactive map: Australia’s financial sanctions

Interactive map: Australia’s financial sanctions

The Australian Sanctions Office (ASO) monitors compliance with sanctions that have been imposed by Australia or by the United Nations Security Council (UNSC) – as a member of the UN, Australia must implement the latter alongside its autonomous sanctions. Sanctions...