Member Spotlight

Simon Paxton

Simon Paxton helps people make their events exciting and memorable with performances of the mysteries of the mind. Read more

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Home.GovExiting a business

.Gov | Exiting a business

Nobody likes to think about it, but it's inevitable that one day you will leave your business. Whether you decide to sell up, retire or have to get out of business due to health reasons, it's important that you plan for that day. Read more

Selling your business

Selling your business is one of the most important decisions you'll have to make. Deciding how much your business is worth is one of the main issues you'll need to consider. Read more

Transferring ownership

At some point you may need to transfer part or all of your ownership of a business to your children or bring in a new business partner. Read more

Taxation issues

You must tell the Tax Office if you have ceased trading or your business has been sold. You must also cancel your various registrations. Read more

Dealing with employees

When a member of your staff leaves your employment, you'll generally have to make some sort of final payment to them. Read more

This content is supplied to Flying Solo via business.gov.au, the Australian Government's principal website for business information and resources.

Small Business is Australia's fastest growing sector – this business community site was created for those running a small business of one to five people. Here the solo and micro business owner will find small business forums, a small business directory, free resources, help, tips and advice on: starting a small business; working smarter when working from home; effective small business marketing; small business networking; the solo psyche; staying balanced as a small business owner; small business technology advice and small business finance tips.