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Who might be impacted by your sale of business
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Who might be impacted by your sale of business

Blog, Exit plan, Growth tools

Who might be impacted by your sale of business

By Geoff Gartly|2025-04-06T08:57:47+10:0006/04/2025|Categories: Blog, Exit plan, Growth tools|Tags: business sale, small business|

The sale of your business has impacts throughout your business community . The sale is an emotional one too. Your business has been part of your daily life, your community, and possibly your identity. Maybe it’s a local retail shop, a café with regulars who order “the usual,” or a growing online store where you know half your customers by name. So, what happens when you decide to sell? Beyond the dollars and paperwork, there’s a ripple effect—affecting more people (and things) than you might expect in the sale of business. Let’s walk through the behind-the-scenes heroes of your business. [...] READ MORE

Starting the Caravan Park Exit Planning 5 Essential Preparations Before Going to Market
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Starting the Caravan Park Exit Planning 5 Essential Preparations Before Going to Market

Exit plan, Growth tools, Uncategorized

Starting the Caravan Park Exit Planning 5 Essential Preparations Before Going to Market

By Geoff Gartly|2024-11-17T20:31:17+11:0017/11/2024|Categories: Exit plan, Growth tools, Uncategorized|Tags: caravan park, exit planning|

Caravan Park exit planning starts early. After many years as owners of the local caravan park, you've decided to move on and sell your caravan park. This transition is about selling a property and handing over a thriving community hub that has grown under your care. Preparing for this change requires careful exit planning and strategic actions to ensure a smooth transition and potentially enhance the value of your park. Here’s a detailed roadmap for what you should consider doing 12 months before listing your property for sale. Take a Comprehensive Look at Your Property as part of your Caravan [...] READ MORE

Building a business not reliant on its owner and holidays
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Building a business not reliant on its owner and holidays

Exit plan, Growth tools, Uncategorized

Building a business not reliant on its owner and holidays

By Geoff Gartly|2024-11-06T08:35:07+11:0006/11/2024|Categories: Exit plan, Growth tools, Uncategorized|

The small business owners holidays. Does it happen? Taking a holiday can seem like a luxury they simply can't afford or think they can't have! However, did you know regular breaks are important for personal health and well-being and crucial for business building? That is building a business that isn't overly reliant on one person. Here's why embracing holidays and time off is essential for creating a more autonomous, resilient business: Plan your next holiday and see your business fly! Taking time off forces small business owners to delegate tasks and empower their employees. Why you are having a break [...] READ MORE

The fear of selling a business and letting go! Jason and Angie’s Tale of Selling Their Business After 25 Years
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The fear of selling a business and letting go! Jason and Angie’s Tale of Selling Their Business After 25 Years

Exit plan

The fear of selling a business and letting go! Jason and Angie’s Tale of Selling Their Business After 25 Years

By Geoff Gartly|2024-10-31T22:07:09+11:0031/10/2024|Categories: Exit plan|

It's real: the fear of selling a business. After dedicating a quarter-century to their beloved local café, Jason and Angie Martin made the tough decision to sell. Their café was a go-to café in a regional seaside town they had lovingly nurtured from its inception. To them, the café was more than a business—it was an integral part of their identity. They built it, they worked it, and they loved the fun times it brought. Yet, as they yearned for a slower pace of life and more family time, they faced the inevitable: it was time to retire. Our story [...] READ MORE

Saying goodbye to my business is so sad
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Saying goodbye to my business is so sad

Exit plan, Uncategorized

Saying goodbye to my business is so sad

By Geoff Gartly|2023-06-14T02:07:49+10:0014/06/2023|Categories: Exit plan, Uncategorized|Tags: bye, exit|

Saying goodbye to a small business can be a challenging and tear-jerking time. Letting go of a dream is a huge thing to do. Am I doing the right thing or should I continue?. Unfortunately, self-doubt can overcome your decision-making. Starting a small business often involves a significant amount of passion and dedication. Saying goodbye to my business means acknowledging that the dream you once had for my business is ending. It can be challenging to accept that the goals you worked towards may not be achieved or life will be different on the flip side. Emotional attachment of saying [...] READ MORE

What a buyer looks for when buying a small business
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What a buyer looks for when buying a small business

Blog, Exit plan

What a buyer looks for when buying a small business

By Geoff Gartly|2023-04-10T01:26:21+10:0010/04/2023|Categories: Blog, Exit plan|Tags: sale of my business, small business|

When buying a small business, a buyer typically looks for several key factors to ensure the purchase is a good investment. Here are ten things that a buyer might look for in the decision process: Financial performance: The buyer will want to see the business's financial statements to get an idea of its profitability. A smart buyer will analyze the Balance Sheet for cash flow. They may also want to see the tax returns for the past few years. Talk to us at Gartly Advisory! Growth potential: A buyer will be interested in the business's growth potential. They will want [...] READ MORE

How long should I be staying around after selling my business
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How long should I be staying around after selling my business

Blog, Exit plan

How long should I be staying around after selling my business

By Geoff Gartly|2023-04-06T21:49:51+10:0006/04/2023|Categories: Blog, Exit plan|Tags: exit the business, selling, walk away|

Selling my business and how long I should be staying around after selling my business is a subjective decision. Many owners think that the exit of their business to a new owner will be simple. A business sale is not that simple. The seller often doesn't consider the implications of staying after they sell their business. How long and why will depend on your stay with what the new owner sees as perceived value. Some small business owners have the perception that, like selling a house, they will hand over the keys; in return, they will get a bag of [...] READ MORE

Should I sell my factory when I sell my business
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Should I sell my factory when I sell my business

cgt concessions, Exit plan

Should I sell my factory when I sell my business

By Geoff Gartly|2023-03-25T22:03:32+11:0025/03/2023|Categories: cgt concessions, Exit plan|Tags: cgt, factory, smsf|

To sell my factory? What are the options to consider for selling my factory at the time of my business sale? If you sell your business that includes a factory or an office building, do you need a strategy for options for what to do with the property? The decision is entirely depending on your personal and financial goals. To help you with your decision-making process, here are a few possibilities: Sell the factory along with the business: If the new owner of your business wants to continue operating the factory or your business premises, you can consider selling it [...] READ MORE

The emotion to sell my business
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The emotion to sell my business

Exit plan

The emotion to sell my business

By Geoff Gartly|2023-03-25T07:53:42+11:0025/03/2023|Categories: Exit plan|Tags: business sale, emotional attachement, sell|

Why I am afraid when sell my business? There are several reasons why people may be afraid to sell. It can be a scary time and leads some to thinking as to why they may be afraid to sell my business. Its not an easy time for some and health may play a big factor. Its why the sale of a business or any significant asset needs a plan. The sale of your business can be one of your biggest asset and you need the time to make sure its done right. Here are top reasons why people are [...] READ MORE

Your exit planning journey
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Your exit planning journey

Blog, Exit plan

Your exit planning journey

By Geoff Gartly|2023-02-20T10:04:33+11:0020/02/2023|Categories: Blog, Exit plan|Tags: exit, owner, small business|

Are you considering the future of your small business and wondering how to begin the exit planning journey? Unfortunately, many small business owners are in the same position as you, and it can be challenging to know where to start. However, with the proper guidance, you can create an exit plan that will ensure the success of your business and add value along the way. A well-thought-out exit plan will help you make the transition to the next phase of your business life much smoother. Here are some tips to help you start your small business's exit planning journey. What [...] READ MORE

Business exit planning for couples
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Business exit planning for couples

Blog, Exit plan

Business exit planning for couples

By Geoff Gartly|2022-04-14T22:37:54+10:0014/04/2022|Categories: Blog, Exit plan|Tags: couples, exit plan|

Business Exit planning for couples is an exciting opportunity but it needs to get it right. Working as a romantic couple brings pleasure, frustration, and opportunity rolled up into one package. When a romantic couple that can work together in a business bet it right their business booms. It ll comes together it's a special relationship that can build a business Planning the exit from your business as a couple is essential to get it right. Both partners are on a journey on their own life paths. Working together often can mean spending 24/ seven together. That's a big ask [...] READ MORE

Who might be impacted by your sale of business

Who might be impacted by your sale of business

Starting the Caravan Park Exit Planning 5 Essential Preparations Before Going to Market

Starting the Caravan Park Exit Planning 5 Essential Preparations Before Going to Market

Building a business not reliant on its owner and holidays

Building a business not reliant on its owner and holidays

The fear of selling a business and letting go! Jason and Angie’s Tale of Selling Their Business After 25 Years

The fear of selling a business and letting go! Jason and Angie’s Tale of Selling Their Business After 25 Years

Saying goodbye to my business is so sad

Saying goodbye to my business is so sad

What a buyer looks for when buying a small business

What a buyer looks for when buying a small business

How long should I be staying around after selling my business

How long should I be staying around after selling my business

Should I sell my factory when I sell my business

Should I sell my factory when I sell my business

The emotion to sell my business

The emotion to sell my business

Your exit planning journey

Your exit planning journey

Business exit planning for couples

Business exit planning for couples

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