What to do if you are an overseas investor looking to buy a business in Western Australia

Purchasing a company is a risky investment anywhere in the world, but more so when you are a foreigner looking to buy a business in Western Australia. Business risks are greater for overseas investors thinking of buying a business or a property in the area because they suffer the burden of greater due diligence. Before the sale of a business, its proprietors are responsible for it. Once a legally binding contract is signed, however, those responsibilities fall onto the new owner or investor. This is the reason why investors should ensure they follow each of the steps outlined below before deciding to purchase a business in Western Australia.

5 Key Elements of a Successful Merger or Sale

Good businesses do not stagnate, they grow and expand the breadth of the good and services they offer. Business owners recognize this fact and opt, every once in a while, to engage in corporate restructuring to enable the survival or rejuvenation of their organizations. They may choose to merge or acquire another business, or simply sell their companies to others. With a merger or sale, several key factors play a factor in whether the transaction is classified as successful or not. Read on to find out which five elements are attributable to successful mergers and sales.

How to protect your business from a divorce proceeding

Many people enter marriages with a thought for living happily ever after with their partners, but more often than not, they end up disagreeing over assets in their divorce settlements. In fact, statistics show that almost six in every first marriage end in divorce, whereas the number is higher (about 70%) for second and third marriages. That means that as blissful as marriages are, it is good to ensure you have a backup plan to protect your interests from your partner in case you might split up years down the line. Whether you own an entire enterprise or a small stake in a company, here are a few ways you can use to protect your shares from your spouse before and during divorce proceedings.

How to ensure you get an Independent Business Valuation

The question of how much a business is worth will always come up at one point or another. That is a universal fact for all business owners. Regardless of the size, enterprises will always be held accountable for their performance and worth by their stakeholders and in some cases, even by potential owners. Informal business valuations, where a firm owner considers the firm’s market cap, income or asset value in determining the firm’s worth are generally acceptable valuations when dealing with minor business agreements. However, if you’re looking for investors for your business, getting an independent valuation is an ideal way to value your business. But how do businesses get formal valuations from independent appraisers? We look at how to do that here.

5 steps to manage a smooth business transition following the departure of your business partner

When partners first get into a business together, they aim for longevity. They usually have similar goals and a vision for their product. However, over time, those interests may change. One business partner could start a family and decide to stay home to care for them. Another could suffer an injury or contract a disease that forces him to re-evaluate his business stance. When one of these circumstances or any other one forces one partner to leave an enterprise, it is usually up to the remaining partner or partners to determine the next step for the company. If your partner has left the firm, here are five actions you can take to ensure the smooth transition of your business.