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Our Newsletter is designed to keep our members updated on BizExchange activities and site changes as well as other news relating to the transfer of business ownership in Australia. If you would like to receive our monthly newsletter you will need to subscribe.  Subscriptions are free!

 

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BizExchange Newsletter - June 08

 

Market Watching

 

There appears to be an increasing level of interest in the private business market.  Not only are there a record number of businesses for sale, there also appears to be record numbers of people looking at business listings.  Unfortunately for those selling their business this level of interest has not yet translated into business purchases.  It seems that many people are watching the market, perhaps waiting for their golden opportunity.  Some may rue their procrastination as the quality of businesses available at low prices is quite incredible at present and unlikely to get much cheaper.  The bottom line is that at a certain point business owners would rather pull up stumps than proceed with a sale.

 

Easing the Credit Crunch

 

BizExchange is well aware of the problems potential business owners are currently facing in trying to raise capital or obtain loans.  This is perhaps the biggest impediment to business sales at the present time.  As you are aware we have provided a business loan application service since our inception.  We are currently working on an expanded version of this service which we will be launching in July.  The service matches your loan requirements against a broad range of potential lenders and then presents you with a short list of possible providers.  Your loan application is then sent through to the banks and financial institutions which you select.   We will tell you more about this service in coming weeks.

 

BizExchange Index

 

The BizExchange Index is now firmly established as the leading benchmark of private business valuations in Australia.  The results of the March quarter showed a continued increase in the volume of businesses for sale as well as further reductions in prices.  We are currently collecting data for the June quarter.  A reminder that you can download all past issues of the Index from your MyAccount area when you login to BizExchange.  We are also working on providing a revised format and specific industry editions of the Index in coming months.



 

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