Selling your business – tips on getting resources ready

- 07/05/201807/05/20180

Selling your business Maximising value We have found through experience that many businesses have reduced the profitability of the business for tax reasons and, if this is the case, the true value of the business will not be clear from the financial records when selling your business. This creates a significant problem when

Townsville Harbour City Project calling Expression of Interests

- 04/05/201804/05/20181

Townsville Harbour City A proposed new multi-million dollar world-class marine science and research building as part of the Townsville Harbour City precinct will be constructed on the banks of Ross Creek at Flinders Street East. The development will replace the existing Great Barrier Reef Marine Park Authority building if expressions of interest

Succession Planning – what happens when you get it wrong exiting a business?

- 03/05/201803/05/20180

Getting succession planning wrong If you are keeping up with these guides, you might remember last time I was explaining a little about Succession Planning in Business. This next issue is about what happens when you get it wrong. Firstly, let's look at some success stories to get you thinking about what

Succession planning; what does exiting your business mean?

- 19/04/20181

Succession planning Succession planning for business owners is critical. When most business owners think of an exit plan, they think of selling the business. This act of selling the business and exiting or leaving the business is also called ownership succession. In order to ensure this process is done to the level

Buying business – personal expectations when selling a business

- 19/12/201719/12/20170

Buying business - personal expectations of selling a business

Buying business - where to next? Before deciding on the best way to exit a business, it is important to consider the reasons for this transition. Some people will retire, some will take an extended holiday and some will re-enter the workforce as an employee. Others will buy another business or

Buying Business – How to Create A Valuable Business

- 23/11/20170

Buying Business - why and what makes a business attractive The primary reason someone people are buying business is to get a return on the investment. Each potential acquisition will be judged on the level of future profits the buyer believes the business can generate, the level of risk attached to

Police academy site arrest from government inaction in Townsville

- 22/11/20170

Police Academy - New recruits celebrating graduation at the Queeensland Police Academy in Townsville.

Property Council police academy plan Townsville’s police academy site at Belgian Gardens fronting Rowes Bay in Townsville has been earmarked in a review of government-owned land by the Property Council of Queensland as a prime development asset to boost tourism and revitalise the CBD. The proposed 10,500 m2 mixed use residential and

Townsville elite pay tribute to commercial property agency pioneer

- 20/11/20170

Commercial property - Mr Peter Wheeler, managing director of Colliers International Townsville

Commercial property pioneer Townsville’s leading commercial and industrial real estate firm Colliers International is celebrating 20 years operating in Townsville, attracting tributes from some of Townsville’s elite identities in political administration, property development and the real estate industry. Colliers started its commercial real estate business in North Queensland in 2004 when

Buying Business – What you should know before selling your business

- 09/11/201709/11/20170

Selling your business - Characters of business owners shaking hands while man moves the value in the cloud.

Selling your Business When thinking about buying a business it is also important to think about an exit plan or selling your business. A good starting point when preparing an exit plan is to understand how much your business is worth. This could be a formal or informal valuation. You may wish

Buying Business – What to consider with fixtures and chattels

- 12/10/201712/10/20170

Buying Business - TREN eMagazine - Quaint business village displaying fixtures and chattels to think about before signing contract to purchase

Buying business with fixtures and chattels When buying business and thinking about chattels, one may think of such things as moveable personal property such as clothes, furniture, and appliances as opposed to more permanent fixtures such as homes and buildings. https://townsvillerealestatenews.com.au/buying-business-fixtures-chattels/ Common Law Fixtures and chattels refer to the things that are included in