Category: News

Why the New Year is an ideal time to Sell!

Many people ask, when is the ideal time to sell my business?   There is no designated month of the year that brings wealth and success. So how do you know when it is the ideal time to sell your business?  With 2017 wrapping up as neatly as a present underneath the Christmas tree, why not let […]

Bright Future on the Horizon for Perth

  “I was interested in this article, written by Nicolas Perpitch for ABC News,  it seems that 2018 marks the start of a new beginning for Perth hospitality venues.  With the new Perth Stadium set to increase traffic to businesses in the surrounding areas, the hard-working hospitality operators in Perth are looking forward to a […]

Small Business Buying

Small business buying is probably the most important and most dangerous purchase any individual will undertake in their adult life.   You may ask yourself, “what about buying a house?” Well, the dollar value is also very high but the risk factor is far lower. If you pay too much for a house it will only […]

Tips For Selling A Business

Some people think it would be easy to sell a business, but in fact, it is a very complicated and risky business. It’s no secret that you would like to sell your business for the highest possible price, but what if the purchaser is later disillusioned or disappointed with the business purchase and blames you, […]

Tips For Buying a Business

When it comes to the decision to buy a business, there are many factors to consider. Not only do you need to choose the correct type of industry suitable for your needs, but you also need to understand the value in any business you may wish to buy. To buy a business at the right […]

While some Perth suburbs are battling after the boom, others are thriving

While some Perth suburbs are battling after the boom, others are thriving ABC News’ Briana Shepherd has written the below article, highlighting the areas of Perth that are batting post-boom or thriving in its wake. Interesting to read, it may not be the suburbs you expect! Scroll down for the full story. *  *  *  […]

While some Perth suburbs are battling after the boom, others are thriving

While some Perth suburbs are battling after the boom, others are thriving ABC News’ Briana Shepherd has written the below article, highlighting the areas of Perth that are batting post-boom or thriving in its wake. Interesting to read, it may not be the suburbs you expect! Scroll down for the full story. *  *  *  […]

WA reviews pharmacy ownership laws

Will the invasion of big chains undermind the quality of care and service provided by community pharmacies?    Business News Western Australia has recently published the below article regarding the review of WA pharmacy ownership laws. It brings up the age-old debate of what is truly better? Quality or quantity? When big companies can offer […]

WA Retailers Are Looking On The Bright Side

According to a recent survey conducted by the Commonwealth Bank, W.A retailers are looking through rose-coloured glasses for the year ahead!   The survey shows that one-third of W.A retailers expect an improved market in the 2017/17 financial year. It’s been a rocky road for businesses in W.A of late, so this positive outlook is […]

Chinese Tourist Numbers To Triple By 2026!

Chinese poised to overtake Kiwis as Australia’s biggest tourism market The below article by Kristy Sexton-McGrath and staff from ABC News, is an interesting insight into Australian tourism trends. It’s interesting to note the enormous growth predicted over the next ten year period.  The good news is the boost to our economy, as statistics show Chinese tourists […]

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Whether you dream of buying a business, want to sell your Perth or WA business, or want to know the value of your company – GMO’s business brokers and valuers are here to assist you. We have won the City of Perth Award for Business Excellence and our Managing Director has been elected as a fellow of the Australian Institute of Business Brokers. Whether you are a buyer or a seller, GMO can introduce you to the right person.

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CONFIDENTIALITY DISCLOSURE AGREEMENT

  • The disclosers are willing to disclose such information to the recipient subject to their acceptance of the following conditions:
    1. The recipient shall treat all information received from the discloser as confidential and shall ensure that all such information remains confidential and shall not use any such information in any way other than for the specific purpose aforesaid. The recipient acknowledges that all conditions subsequent in this disclosure apply to the recipient and any associates of the recipient be they partners, co‐directors, trustees, holders of shares or officersin entity(s) the recipient has interest in.
    2. The obligations of paragraph 1 shall not extend to any such information which is in the public domain, or which hereafter becomes part of the public domain otherwise than as a result of any unauthorised activity or omission of the recipient, or which is already in the possession of the recipient and was not derived from the disclosers.
    3. The recipient shall return all such information received other than that which is submitted orally at the termination of such negotiations entered into as a result of this agreement.
    4. The obligations set forth in paragraph 1, 2 and 3 shall terminate 12 months from the date of this agreement or upon the disclosers and the recipients entering into an agreement whichever event occursfirst.
    5. The recipient shall obtain no rights of any kind to such information other than for the specific purpose stated in this agreement.
    6. The receiving party will not utilise any material made available to improve, construct or change another business, in such a way as to allow that business to compete with the business being discussed.
    7. The recipient understands that the information has been compiled by GMO from details provided by the Vendor. Prospective purchasers should be aware that it is not intended that any projections or this information be treated as a representation, warranty or promise by GMO or its representatives, as to the correctness of the information, or that all relevant information is contained in the information provided.
    8. The recipient acknowledges that they will not act on information provided without first seeking independent financial and legal advice.
    9. The recipient hereby agrees to declare any beneficial interest in any business that could currently be interpreted as being in competition with the subject business.
    10. The recipient agrees to return all documents supplied within 50 days of receipt (and any copies) should they decide not to proceed. The recipient further agrees to destroy any electronic information supplied by the Seller or GMO and to instruct their professional advisors to also destroy any information passed on by the Seller, the recipient or from GMO.
    11. The recipient acknowledges they are precluded from physically visiting the premises of the business or talking to any client, supplier or employee of the business without the permission of the discloser.
    The recipient/s hereby accepts the above conditions as binding on them in respect of the information referred to.
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