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Dear reader, The fractures in the business broking model are becoming clearer. About 1 in 5 businesses successfully sell, many just linger on the market. Disillusioned vendors rarely receive adequate contingency plans, and often close the doors as a result. Now, there is nothing wrong with putting together a teaser document, an Information Memorandum, and then advertising the business for sale and/or rolling up the sleeves and shopping it around a buyer list. When it works, it works great. The problem is that it doesn't work on 4 out of 5 attempts. How hard one paddles barely matters if the boat is pointed in the wrong direction and/or sinking. We want to fix all this. That's why we (John and Sam) joined forces and established Alt Exit Group in 2020. Our philosophy is all about more options, better outcomes for: - Investors looking for a home for their money but have been burned by dealing with vendors with unrealistic price expectations - Buyers who favour a facilitative, rather than an adversarial approach - Owners looking for some honesty and are anti-sausage-factory thinking - Advisers feeling stretched out by this massive topic of exit - Qualified brokers and exit consultants who feel like "something is missing" If this sounds like you, we invite you to follow our page. We'll bring you valuable information and resources on a regular basis. Yours faithfully, Sam Walters & John Fitzgerald Founders Alt Exit Group

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AltExitGroup.com is based in Newcastle, New South Wales.

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