SAFE notes and convertible notes can materially change the equity split in an Australian funding round, and therefore the valuation outcome for founders, investors, and incoming buyers. From a business valuation perspective, the key issue is not simply how much cash is raised, but how that capital converts, at what discount or valuation cap, and […]
Valuing a business held through a family trust requires more than reading the trust deed and looking at the latest accounting profit. In Australia, discretionary trusts are commonly used to conduct private businesses, hold investments, and manage succession, but the valuation question is still the same: what is the market value of the underlying business […]
A business valuation for a deceased estate in Australia establishes the market value of a deceased person’s business interest at the date of death, or at another legally relevant date for estate administration and tax purposes. For executors, beneficiaries, accountants and advisers, this is not a formality. The valuation determines how the asset is recorded, […]
An independent business valuation can be pivotal when an Australian business owner is facing an ATO review, audit, or objection. In those circumstances, the issue is rarely just what the business is “worth” in a general sense. The real question is whether the figure adopted for tax, restructuring, succession, related-party transfers, or a CGT outcome […]
Goodwill is often the most valuable, and least understood, component of a small business sale. For Australian business owners seeking access to the small business CGT concessions, the way goodwill is valued can determine whether the active asset test is satisfied, whether thresholds are met, and whether the transaction supports access to the 15-year exemption, […]
Capital Gains Tax (CGT) is one of the most important tax considerations when selling a business in Australia, but its impact is often misunderstood. For business owners, the CGT outcome is not determined by the sale contract alone. It is shaped by the market value of the business, the way assets are characterised, the availability […]
Buy-sell agreements are among the most important legal documents in a privately held business, but their real value depends on one critical issue, the price mechanism. From a business valuation perspective, an Australian buy-sell agreement only works properly when it sets out how the equity interests will be valued, when that valuation will be tested, […]
Business succession planning is only as sound as the valuation work that supports it. For Australian privately held businesses, the valuation is the reference point for buy-sell agreements, insurance funding, family transfers, shareholder exits, and tax-sensitive restructures. Without a defensible valuation, succession arrangements can create avoidable disputes, insurance shortfalls, CGT exposure, and unfair outcomes between […]
For Australian business owners preparing to go to market, the distinction between vendor due diligence and a business valuation is critical. A valuation determines market value using recognised valuation methodology, while vendor due diligence tests the quality of the financial and commercial information that prospective buyers will rely on. In many transactions, especially for privately […]
Management buy-ins and buy-outs are ownership transitions in which a business is acquired by existing or incoming senior management, and in Australia they are often shaped as much by valuation discipline as by funding structure. For privately held businesses, the key questions are not only who will own and lead the company, but what the […]