Foodie strips prop up Perth’s property sector!

This interesting and informative article from the West Australian, written by Claire Tyrrell, highlights how the development and success of Perth food ‘hubs’ are resulting in a boost in the property sector! Below, she talks all things real estate, vacancy rates and predictions for future growth! Read on to find out more!   *   […]

Introducing our fresh new web site!

By investing in our future, we’ve brightened yours… For years GMO has been known as WA’s most experienced business brokers. That’s a reputation we have worked hard to create, and one we are strengthening through strategically refining our brand assets.  The first place you’ll notice these changes is our website. It’s now easier to navigate […]

Do You Ever Think About What Your Business Might Be Worth?

Step 1 – Adjusting The Accounting Profit The process of establishing a value or market price for businesses is structured and evidence based. In the first instance the profit of the business, be it dry cleaning or any other small business, has to be determined according to market accepted methods. Profit a business shows in Financial […]

Advantages Of The Franchising System

Advantages Of The Franchising System – comments from GMO Franchise Broker Karen Walsh There are countless benefits to becoming a Franchisee, which is why Franchising is one of the fastest-growing sectors of the Australian economy. Here is a short list of 18 advantages of Franchising over stand-alone forms of small business:   1. The Franchisor […]

3 Principles Of Timing The Sale Of Your Business

Selling your business for maximum value is an enormous accomplishment. Whilst a good business broker can assist you, it’s also a feat that rests squarely on the shoulders of the owner. The business broker cannot run this race for you. If you want to sell your business for top dollar someday, timing will be a […]

Will Selling Your Business Fund Your Retirement?

This message applies to all business owners: if you expect the sale of your business to fund all or part of your retirement, start planning now. I’ve been speaking and working with private business owners for over thirty years. Most owners have a dream of running their business for their working career, finding a buyer and […]

Quest Advisory Group

GMO recently presented at a SONDERGAARD accountants client information evening and at this event met the owners of Quest Advisory Group. Daniel and Michael has stepped forward with an interesting package for all our buyers and sellers and happy catch up with prospective or existing owners and or their staff – please see introduction below: […]

After Buying A New Business Only The Sky Is The Limit!

After recently facilitating the sale of Flight Experience Perth to Peter and Maritta Chin, I was delighted to attend a corporate team building event. Upon arrival, myself and fellow budding “pilots” were unaware of the heights we would soar to on this adventurous evening! The corporate event is one of the many interesting packages available from […]

Sellable Business or Job?

Do you own a sellable business or a business which just gives you a job? With all the effort, responsibility and risk involved in ownership you had better be building the latter. Maybe it’s time to ask yourself if you want to keep investing in a job or start building a sellable business.   Here […]

Perth City Snapshot 2016

GMO shares the official photo of the City of Perth as chosen by Lord Mayor Lisa Scaffidi. The photo shows Elizabeth Quay, which will soon become a big plus for tourism and city workers. All the costs and effort will eventually be a winner. We love this city!   Click below to read the The […]

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.
    By ticking you are accepting and agree to our Terms & Conditions including Confidential Disclosure Agreement & Privacy Policy.

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