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How to buy a private business in Australia instead of starting one: everything you want to know before risking it on a private business

Should I start or buy a private business in Australia? What are the risks of buying private business? Owen Rask, Jordan Kidis and Danil Goloubev explain it all on the Australian Business Podcast.

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Owen Rask, business coach and founder of The Rask Group, is joined by your hosts from Grey Space Advisory, Jordan Kidis and Danil Goloubev, on this special episode of the Australian Business Podcast to answer the question of: “do I buy or build a business from scratch: what are pros and cons?”

Question from “Thomas the Tank”:

Rather than starting a business from scratch, I’d love to hear about how to go about purchasing an existing business – how do people find worthwhile (high margin/profitable, potential-filled businesses (so many pizza/coffee stores!), what are the pitfalls/hurdles, are business brokers worth engaging, stories from those who’ve done it.

Find all of the experts’ answers by tuning into this episode of The Australian Business Podcast.

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Rask Australia

Rask Australia is a homegrown source of podcasts, courses, tutorials and financial education, serving tens of thousands of Aussies every week! Founded in Melbourne in 2017 our mission simple: empower Aussies and Kiwis to invest their time and money better. Join thousands of Aussies and Kiwis by enrolling in one of our free finance, valuation, ETF, investing, budgeting or property courses on Rask Education today.
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Grey Space Advisory is a sponsor of The Australian Business Podcast.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #563 907.

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