Blog

Happy New Financial Year 2022 –23

Happy New Financial Year! We would like to take this opportunity to thank all our online followers via our weekly “Recent Listings” mail out. We hope this makes your business search easier.

A new Financial year brings with it fresh optimism, enthusiasm, and possibilities for both aspiring and existing business owners.

Transitioning out of a major epidemic and into a new government … Read more »

5 Ways to prepare for the end of the financial year

Whether or not you’re looking to sell in the short term, a wise business owner will ensure their business is ALWAYS sale ready.

The end of financial year preparations are at the forefront of many business owner’s minds. It is the perfect time to reflect upon the successes and changes that your business has undergone and a time to plan and prioritise your goals into … Read more »

Australia’s GDP growth is leading the world

Australia’s transition into COVID normalcy has taken yet another great leap providing a reassuring outlook for local businesses. The Victorian Government has announced that most COVID-19 restrictions will be removed from 11:59pm, Friday 22 April 2022 which include:

Easing of vaccination check in requirementsEasing of face mask restrictionsRelaxation of quarantine and isolation requirementsReduction of workplace contact tracing measure… Read more »

Business Conditions and Sentiments

Moving into the second quarter of 2022, we are pleased to convey a message of reassurance and confidence in upcoming business conditions and sentiments to our clients.

According to KPMG’s economic outlook for Q1 2022, the re-opening of Australia’s economy has revealed an exceptional degree of resilience in the midst of a surge in the Omicron variant and in times of geopolitical unrest. A … Read more »

Budget 2022-23 is Good News for Small Businesses

The Treasurer delivered the Federal Budget on Tuesday 29 March 2022 marking yet another milestone in leading Australia out of the pandemic. Australia has outperformed all of the major advanced economies in its ability to rebound into a thriving and robust economy providing a positive outlook for small businesses moving into 2022-23.

This year’s Federal Budget provides well considered structural reform that will greatly benefit … Read more »

Market Update

Autumn is the perfect time to buy or sell a business, and turn over a new leaf! At this moment Australia has re-opened international borders, the booster shot rollout continues successfully, and gradually, we are returning to a new normal. Buyers can now be more certain of businesses being a reliable investment, and this boost in confidence has led to a significant increase in the number … Read more »

Buy or Sell a business in 2022, and build a new beginning!

Happy New Year! We love
helping people to find their next exciting opportunity. Whether you are a first
time business owner, or a seasoned professional looking for another venue, we
would love to help you build your future. 

If you’re looking to buy or sell a business in 2022:

Telephone us on (03)
9899 1888 to speak with one of … Read more »

Season’s Greetings

On behalf of our team at First Choice Business Brokers, I would like to wish you and your loved ones a safe, relaxing, and joyous holiday season.

We are now approaching our 17th year of operation here in Box Hill, and take great pride in continuing to deliver quality services despite the challenging circumstances in 2021. Our team of expert brokers have adapted quickly to … Read more »

Business Recovery as COVID Restrictions Ease

Following Australia’s major milestone of an 85% double-vaccination rate, Prime Minister Scott Morrison has recently announced a business-led recovery for Australia by easing border restrictions. From December 1, fully vaccinated eligible visa holders can travel to Australia without a travel exemption. As a result, up to 200,000 tourists, backpackers, international students and skilled migrants will flock to the country during the summer season.

This reopening … Read more »

Current State of Business Sales

As Victoria’s economy comes back into bloom along with the spring season, now is the ideal time to consider buying or selling a business. With Melbourne re-opening after months of lockdown, we have been flooded with inquiries from buyers who have regained their confidence and are scouring the market for new business opportunities.

Despite lockdowns, businesses are in higher demand than ever, with a 15.2% … Read more »