Cash Free, Debt Free – what does it mean ?
In a cash-free, debt-free (CFDF) deal, the buyer acquires a company without inheriting its existing cash or debt. The seller retains any cash on the

Operating v Non-Operating Liabilities
Operating Liabilities Accounts payable Accrued expenses Deferred revenue Non-Operating Liabilities Long term debt Deferred tax liabilities Contingent liabilities

Operating v Non-Operating Assets
Operating Assets Accounts Receivable Inventory Prepaid Expenses Non-Operating Assets Surplus Cash Long term investments Unused intellectual property
What Are The Three (3) Components Of A Business Balance Sheet ?
ASSETS = what the business owns LIABILITIES = what the business owes NET ASSETS = Equity (owner’s claim)
Why Rent Rolls Are Highly Valued Businesses and Expensive To Buy
Most businesses are valued based on their profit—what’s left after expenses. Buyers look at the bottom line and aim for a return on investment (ROI)
Why Investing in Your Own Business Beats Other Investments: 6 Key Reasons
When people think of investing, they often default to stocks, real estate, or retirement accounts. But the smartest move for many entrepreneurs isn’t out there—it’s
About the Author
John is the founding director of SELL A BUSINESS – a strategic business broking firm that brings buyers and sellers together to transact. John specializes in two key industry sectors:
- SME transactions up to $50m across many sectors including manufacturing, wholesale distribution, mining, computer software, transport, tourism, and sourcing private equity plays.
- Real estate rent rolls and businesses up to $40m across Australia, working with principals looking to acquire, prepare for sale, or improve business efficiencies.
He is a Certified Practicing Business Broker (AIBB), and Licensed Real Estate Agent and Auctioneer who has the knowledge, experience and skill sets to maximize business potential and get the end results his clients are looking to achieve.