Sale Ready Part 1: What Do Potential Buyers Look For?
Even if you’re not thinking about it today, selling your business should be part of your long-term plan. Eventually, your business will change hands, so keeping it “sale ready” ensures a smoother transition when the time comes. Consider the following questions to assess your readiness for a future sale. They’ll help you identify your strengths […]
How To Buy A Business – Things You Need To Know
How do you buy a business? The process of buying a business is very different to buying a house, and really any other investment opportunity. It’s very important to understand the key differences in the purchasing process if you are in the market to become a new business owner. Glenn Prunster from Finn Business […]
Your Social Media Plan Part 1: Conduct Your Analysis
No matter your business, social media will always play a critical role in getting the word out there about your product or service, in connecting to your customers, and in refining and strengthening your brand as a whole. Today, there’s more than one “right” way to utilise social media, and depending on your business and […]
Buying A Business Under Management – Pros & Cons
Thinking of buying a business under management? Taking over a business with an established management team in place means the new owner can spend their time focusing on developing the business. But it’s important to understand both how the team operates, and how they work together with staff before deciding if the business is […]
The Benefits Of Selling With A Business Broker
There are huge advantages for vendors who choose to sell their business through a business broker. They give you guidance about potential acquirers, look after marketing to find that right buyer, carefully manage the deal with your best interests in mind, plus lots more. Luke Mansbridge from Finn Business Sales joins the Buy That […]
Buying & Selling Childcare Businesses – Things You Need To Know
People looking to open a business will often ask business brokers the best industries to look into. Well, the market for childcare businesses is red hot at the moment, with lots of buyers and sellers looking to transact. But there are some special considerations potential acquirers need to make before signing on the dotted […]
How Hard Really Is It To Sell A Business?
How Hard Really Is It To Sell A Business? How long does it take to get on the market and find the right buyer? How does the business owner give themselves the best chance of success? These are the three most common questions vendors ask business brokers. Let’s find out the answers, as we […]
Starting Your Business Checklist Part 4: Running Your Business
Rounding out our ‘Starting Your Business’ series, the early days of actually running your business day-to-day can be an exciting time, and a period where you’re really getting to grips with what this business demands of you and your team. All your planning will come together to play out live, and there are several areas […]
Your Business Exit Strategy: Restructuring
During the process of your business exit, you will likely need to restructure the business to prepare for the sale (or, if it is an involuntary exit, to adapt to changes in financial circumstances). Restructuring means to significantly alter both operational and financial aspects of the business, with the aim of reducing any financial risk […]
Starting Your Business Checklist Part 3: Buying a Business
Starting a new business will present its own unique set of challenges and opportunities, and the process of buying a business is no different. There are many reasons why you might decide to purchase a business rather than launch your own from scratch – you might be drawn to the lower risk, existing client base […]
