Businesses for Sale – Brisbane
Current dialogue is that approximately 70 – 80% of small to medium businesses are owned by Baby Boomers (born 1946 – 1964). After successfully running the business for many years, they are starting to consider retirement and selling on the business. Reports suggest that up to 75% of business’ may be advertised for sale in the next 5-10 years (finnbusinesssales), but how many have actually taken steps to prepare their business for sale to facilitate and fund this retirement?
Many employees contribute 9.5% of their income into their superannuation for retirement, but business owners often reinvest this money into the business instead. This means it is essential they make the most out of the sale of their business to ensure they have a comfortable retirement.
How can the small business capital gains tax concessions help you? How can you increase its value? Who are your potential purchasers?
Book a FREE consultation with Rede accountants online here or by calling 1300 399 599.