Archive for November, 2017

Here at First Choice Business Brokers we’ve expanded a great deal since we started out 10 years ago, when we mainly helped people buy and sell food hospitality outlets, including buying cafes, bakeries, restaurants and food franchises. These days we sell so much more, but food hospitality remains our “bread and butter” (pardon the pun!).

When you buy a cafe business you want everything in order: profit and loss statements, lea… Read more »

When I look over the past 20 years as a business broker, I think about all the lives I’ve helped. The team here at First Choice have a strong sense of pride in the work we do, because we know just how much business brokers add value.
Sometimes business brokers meet people at the most difficult time in their life. Perhaps their … Read more »

The New Financial Year bring new opportunities with it; Simpler Business Activity Statements(BAS), Instant Asset Write Off Extension and Single Touch Payroll(STP). Paperwork can be onerous for small businesses to operate effectively and efficiently. Simpler BAS means that small businesses with turnover less than $10million will find it less cumbersome to only report 3 items instead of 7 items to ATO. In addition with the Asset Write Off Extension till … Read more »

Australian businesses received exciting news last night with the release of the NABs latest findings on Business conditions. The Bank’s economics team have placed business conditions in October up 7 points (to 21 points), supported by improvements in manufacturing. Personal services have also seen a sharp spike. The gains were driven by higher sales and profitability. Inflation was softer and labour … Read more »

Here at First Choice Business Brokers we see all types of businesses sell to a wide range of buyers. After helping people buy and sell businesses over the past 2 decades, we’ve started to get a sense of people’s motivations for their purchases.
The largest group of buyers that we tend to see at First Choice are Financial … Read more »