Questions and Answers provides answers to common questions relating to BizExchange, business sales, business investment, business loans and other related issues.
What types of Businesses for sale are listed on BizExchange?
All types of businesses including private sales and franchises in all markets and covering all values are offered for sale on BizExchange.
How do I join BizExchange?
Simply click on the "Join" tab at the top right of the web page, select your desired package and join online (or click here).
You will receive a welcome message confirming your login and password. Use these to "log in" and this will access your "My Account" home page.
What is the difference between packages?
BizExchange offers 4 different membership packages
Click here for "Membership" page
How much does it cost to join BizExchange?
You can view the various membership package options and prices on our website under "Memberships".
Click here for "Membership" page
How can I find out how to prepare my business for sale?
BizExchange has an "Information" section. In this section we have guides and "how to" manuals to help you prepare your business for sale or assist you in buying a business.
Click here for "Information"
Who can help me buy a business?
BizExchange strongly encourages anyone intending to buy a business to do so with the assistance of a professional expert. These Advisors – accountants, lawyers, business brokers and franchisors, as well as financial institutions are there to help you and can be found under the "Advisor" tab on the BizExchange home page.
Click here for "Find an Advisor" Click here for "Information"
What should I look for if I want to buy a franchise?
There are a number of things to consider when buying a franchise. We have created a reference sheet specifically to help people to find the right franchise.
Click here for "Buying a Franchise".
Can you give my advice on how to negotiate?
The transfer of business ownership is a financially significant and reasonably complex process, and needs to be approached professionally. Refer to our Approaching Negotiation fact-sheet for more information.
If I want to start a business, are there any advantages in buying one rather than building from scratch?
The advantages and disadvantages of build vs buy depend on a range of factors. Refer to our Build vs Buy fact sheet for more information.
If I need to raise funds to purchase a business, what are the advantages and disadvantages of debt or equity finance?
Refer to our article Debt or Equity for more information.
Can I set up automatic alerts on BizExchange for specific businesses for sale or investment in which I may be interested?
As a member on any package, you can create alerts for specific types of businesses for sale. Each time a business for sale is listed on BizExchange that fits your ‘alert', you will receive an email alert.
Click here for "User Manual"
Can I tell others about businesses for sale I have seen on the BizExchange website?
Yes. If you discover a business for sale in which you believe someone else might be interested, you can send them an email with that listing attached.
Click here for "User Manual"
Will BizExchange save me time and money?
BizExchange will certainly save you time and money. You can list businesses for sale and they will then be available to the entire online market, significantly increasing the chances of selling. Creating alerts will alleviate the need to constantly search for businesses for sale.
You will save money by minimizing time and effort expended and increasing the value of your advertising dollar.
Can I find a business in which to invest rather than buy outright on BizExchange?
BizExchange allows businesses to be advertised for sale or investment. You can list business seeking partial investment or indeed search for businesses to invest in yourself.
Use the Main Market tab and search for businesses seeking equity.
Who do I contact to discuss a specific Business for Sale listing on BizExchange?
Each business for sale listing on BizExchange will show contact details and an email link to the owner or their advisors. This ensures you make direct and confidential contact with the relevant people authorized to sell the business. BizExchange has no access and does not keep any records of any direct communications between interested parties.
Where can I get assistance regarding finance?
BizExchange has made special arrangements with key financial institutions so you can approach them to seek finance via our online application form. Click on the "Finances" tab on the left column of the BizExchange home page to access the application form, or
Click here for "Business Loans" tab
What should I look for in an investor besides money?
There are a range of things to look for from your investors. Refer to What sort of investors do you want? for more information.
How do I approach family and friends to invest in my business?
This is a very sensitive issue. Refer to Too Close for Comfort for more information.
How is confidentiality maintained?
BizExchange does not get involved in any part of the transaction. All communication is directly between the buyer/investor and seller and/or their advisors.
What other services does BizExchange provide?
BizExchange has an "Information" section on the website accessible to everyone that offers tips and "how to" manuals on buying, investing and selling a business.
Click here for "Information" section
BizExchange also maintains an "Advisor" directory that provides access to major service providers vital to the buying and selling process – Accountants, Lawyers, Business Brokers, Financers and Franchisors.
Click here for "Advisor" page
Where can I look up the definition of a financial or business term?
Under the "Information" section on BizExchange we provide a list of common financial terms and their definitions.
Refer to "Financial Terms" and "General Terms" articles
What is Due Diligence?
Due Diligence is an important part of the sale process that is intended to provide the buyer with some comfort that they know what they are buying. Refer to our Due Diligence Checklist for more information.
What are the terms and conditions of using the BizExchange website?
These can be viewed from the footer of each page or by clicking here.