Blog

Housing Market Recovering

The housing market has turned the tide.  Evidence from CoreLogic is that there is a recovery in housing values which accelerated in August. It shows the pace of recovery with market conditions consistently improving throughout 2019.
More likely buyer demand and confidence will continue to increase and the auction clearance rates will show more buyers. Its likely that buyer confidence is responding to the positive effect of a strong … Read more »

Australian Economy Still Going Strong

The Australian Government released the latest GDP and the result was the economy had slowed. The upside is that the fundamentals of the Australian economy continues to be strong. That being the case, it’s a prime time to buy businesses. At First Choice Business Brokers, we are gearing up for a busy Spring season and a number of listings have been placed on the market. To … Read more »

Spring is the Time to Buy & Sell

People looking to sell their business want to make the most of the Summer months, and have a long break in the warmer, brighter months. Many vendors seek to finish their business sale in the next couple of months. For these reasons, you can expect to see greater numbers of high quality listings from us over the next few month… Read more »

Business Victoria Grants & Assistance Programs

Accounting for 47 per cent of all Victorian private sector jobs, small businesses are an essential part of the success and strength of Victoria’s economy. Find out more about the various grants, vouchers and assistance programs that can help you start, run and grow your business. To take advantage of the buoyant economic business conditions with the Victorian Government’s help, just click the link below!

https://www.business.vic.gov.au/support-for-your-business/grants-and-assistance

5 Goals for a happy New Financial Year

Just 363 days remaining in the current financial year – time to start realising the dreams you have for your business….

How about setting 5 financial year goals for your business, making sure that they are new, fresh and achievable. Why not check out the advice on:

– Growing your Business
– Marketing and developing a Business Plan
– Meeting your Tax commitments
– Developing new business skills
– Doing the things you have been avoiding…!

By the way, we reckon you … Read more »

Winter’s starting to warm up for Real Estate sales!

The property market is now unquestionably warming up this winter.  Victorian results courtesy of the REIV from the weekend reported a 69% clearance from 521 auction FYI the last weekend in March was only 53%.

Check out the latest REIV market insights and clearance data within the attached link.

We actively encourage Business Investors and Sellers to telephone First Choice Business Brokers on (03) 9899 1888 and talk with us about taking … Read more »

Interest Rate cut boosts Confidence for SME businesses

With RBA’s official cash rate now at 1.25% (lowest on record), the business community is obviously very happy with consumer confidence levels. The likelihood of further SME investment will only increase, along with consumer spending levels – with small to medium business being the main beneficiaries.

The new fiscal year is just around the corner, and we fully expect more and more willing investors to search for … Read more »

RBA ANNOUNCES JUNE CASE RATE DECISION

RBA DECISION SIGNALS LOWEST INTEREST RATES IN AUSTRALIA’S HISTORYN

In addition to the RBA decision to cut official cash rates to 1.25% (see attached FCBB blog link) – helping to improve consumer/business confidence levels, it is equally important to carefully evaluate a number of other (and closely related) economic/financial factors including:

– Employment levels and minimum wage decisions
– Discretionary spending
– Lending conditions and restrictions

First Choice Business Brokers understands … Read more »

Post-election Business confidence boost!

Ahead of the Curve

Consumer confidence lifts post-election amid hope of interest rate cut

30 May 2019
Scott Morrison’s surprise re-election and growing expectations official interest rates will be sliced has boosted the confidence of Australian shoppers as calls grow for more government spending to drive down unemployment.
The ANZ-Roy Morgan weekly measure of confidence, released on Tuesday, lifted for the second consecutive week to sit at its highest level … Read more »

Growing your new Small Business: Four key steps in Marketing Strategy

The formative phase of any small business is crucial.

You’re trying to build a reputation for your important business investment, spend your budget wisely, and keep enough money coming in to sustain yourself long-term.
Getting a foothold to expand your customer base is a delicate process – you don’t want to alienate anyone by being overtly ‘salesy’…. Read more »