A decision to buy a business can be an exciting one, presenting you with both opportunities and challenges that need to be assessed before committing yourself.
Buying a business is a significant investment of time and finances and you should evaluate not only the business opportunity itself but also your abilities to run a business. Will ...
Buying a business is a serious undertaking and it is important that appropriate legal and financial advice is sought prior to signing any documentation. The franchisor or business seller should be prepared to provide you with sufficient information to conduct a due diligence in respect of the business. You should be wary if they're re...
Sometimes when I get into the topic of establishing a business's value, I think I am entering a world where opinion counts for more than fact. Certainly, from what I have seen over the years, the process seems to involve as much guesswork as cold figures.
Most business owners will be familiar with sales of businesses in their own sector and will...
There are essentially two major steps in selling your business.
Step 1: Business readiness
Your first step is to gear the business so it is ready to sell. This means understanding the business, the potential buyers and valuation methodology so that you have the best chance of selling your business and maximizing its worth.
In most cases this ...