Key Things to Check Before Buying a Retail Business in Australia
Before buying a retail business in Australia it is important to check several key areas to make a smart investment. Start with financial records including profit loss statements tax returns and cash flow to understand true performance. Review the lease terms rent reviews and remaining lease period because location and rent impact success. Check licences permits registrations and compliance with local laws. Look at supplier contracts staff arrangements stock value customer base and competition. Also assess the business reputation online and offline. Finally seek advice from an accountant lawyer or business broker to ensure the sale terms are fair and the business fits your goals.
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