A Comprehensive Guide to Evaluating Private Companies in Australia Evaluating a private company or a business in Australia can be a complex task due to the limited availability of financial information compared to publicly listed companies. However, a systematic approach to assessing a company’s financial health, industry positioning, and growth potential can provide valuable insights for business owners, investors as well as accountants, and advisors. This article will guide you through the key steps and considerations for evaluating a private company or business in Australia, helping you make well-informed decisions. It also aims to equip business owners with the knowledge of the basics that contribute to enhancing their business value, in preparation for their succession planning or business sale. 1. Understand the Company and Its Industry Before diving into financial...