Import Information for small Businesses that sustained through the Coronavirus (Covid-19) pandemic
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What happens after the Stimulus and relief package ends in March 2021?
A letter from the principal of Benchmark Business Sales & Valuations
Dear Business Owners:
Sorry to be so serious…, but it looks like things could start getting interesting for small business in Australia in the next few months.
With the Australian government’s economic support packages coming to an end, it’s time to start thinking about what your business look like when the stimulus packages stop next week.
In the past year we have seen many companies affected by Covid – 19, some have been trading whilst insolvent, and others are booming – but for how long?
Get set for the future. Prepare for the best and the worst.. One way that you can prepare and avoid getting caught-out is to have your current business value appraised.
Knowing what your business is really worth in today’s market will enable you to make plans. Plans like deciding to sell, or grow, - or planning how to improve the value of the business.
Did you know that there are two ways to improve the value of any business? These are:
- Increase profit
- Improve certainty of future income
By having one of our business value experts review your business you will know what your options are – and it will be easy to maximise value and walk away with the maximum dollars in your pocket.
If you want to understand how we can help you and your business please book in a free 15min confidential call with us today to discuss how we can help. It is free, so why not give us a call? We have helped thousands of business owners across Australia over the last 25 years, so there are not many challenges that we haven’t seen before – so check us out at www.benchmarkbusiness.com.au – or call 1300 366521 today.
Bruce Coudrey has been Principal of Benchmark Business Sales & Valuations, since 1999. Benchmark is one of Australia’s largest national business brokerages. Bruce is a Registered Business Valuer and has acted as a court-appointed expert witness.
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