The 4 Types of Business Buyers in FY2024

Romantics, upskillers, strategists and investors; these are the 4 most common buyer archetypes we’ve seen this financial year.How have these buyers changed since last year, and why does this matter to business owners?

When evaluating a business for purchase, net profit is a critical metric that buyers consider. A high net profit is generally viewed as a positive indicator of a business's financial health, as it indicates that the business is generating healthy profits and can cover its expenses while still providing a return to investors. 

Selling a business can be an exciting journey filled with opportunities for growth and new beginnings. However, it can also be a complex and challenging process, especially for those selling for the first time. The good news is that there are many professionals out there who can help you navigate this process and increase your chances of success.

Selling a business can be a complex and emotional process, with a lot at stake for both the seller and the buyer. Unfortunately, many business owners make common mistakes when selling their business that can significantly impact the final outcome. This article will discuss some of the most common mistakes people make when selling their business and provide tips on how to avoid them. 

Life is challenging, but we often assume that everyone has equal access to tools of self-empowerment and independence, but this is not always the case. People from refugee backgrounds have often experienced trauma, significant upheaval, loss and months or years of uncertainty before arrival in Australia, and once in Australia, they are faced with the added complication of having to navigate the practical and personal challenges of starting a new life, often without that all-essential support structure.

Being a successful business means growing through continual improvement. Constantly. Imagine Apple still selling the original iPhone. Whether this means expanding a customer base, increasing revenue or profit, or diversifying service offerings, it all, in the end, comes down to growth.