questions to ask buying a business

Questions to ask when buying a business

If you are thinking of buying a business, you will need to start by asking the right questions, ensuring you get a great investment and the best deal you possibly can. When you are looking to buy a business, you are inherently taking a risk. One of the ways to help you reduce that risk is to make sure you ask questions, and lots of them. There are no stupid questions to ask when buying a business....

business for sale

Step by Step Advice for Selling a Business

Advice For Selling a Business There are lots of motivations behind the decision to sell a business. Whatever compels you to part ways with the organisation you own, it helps to begin the process with an understanding of what is involved in the sale process. First-time sellers will find the whole prospect rather daunting. To help you overcome your concerns, we have created a detailed infographic which...

buying a business

What Is Due Diligence and Why Do I Need It?

If you are looking to buy any business, however large or small, you need to make sure that it’s worth your investment. Once you’ve made an offer and that has been accepted, the next step is to carry out a thorough investigation known as due diligence. What is Due Diligence? All during the buying process you may have been given a wide range of information about a particular business. Due diligence...

selling a business

Preparing Staff For The Sale of Your Business

While you may have been working towards selling your business for a while, one of the major factors you will eventually need to consider is telling and preparing your staff for the big change. Assuming you’ve been a good boss, this can be a moment of uncertainty for your employees, a time when stress and anxiety are at the high point. Answering to a new regime can effect employees in different ways and...

buyers for your business

5 Ways To Attract The Right Buyers For Your Business

It’s a lot more difficult to sell a business than many owners think. This is a big investment and sellers need to work hard to make themselves as attractive as possible to potential buyers. It’s not just about setting the right price, ideally you need to do as much as you can in the 12 to 18 month run up to selling your business. That includes getting the right support in place as soon as...

what is a sharing economy

Starting a Small Business Via the Sharing Economy

What is the Sharing Economy? If you ever sat through an awkward conversation with an Uber driver, you have been an active participant in the sharing economy. “Sharing economy” is the term used to define the collaborative economy in which owners of property rent it out to those who are willing to pay for it. It is a peer-to-peer based system that allows others to either obtain or give access to goods...

value a small business

How Do I Value My Small Business

If you have a small business, then you might be thinking about your eventual exit strategy. Running a business is a very rewarding process, but it may have also occurred to you that you could potentially sell it and make a big profit. That could potentially allow you to invest more money into your next venture or to consider even retiring early and running off to live on an island somewhere. Maybe Google...

Business Trade Centre

A Quick Guide To Finding a Business Worth Buying

We all know that the process of buying a business can be complex and frustrating. While there’s due diligence to carry out and legal hurdles to get over, one of the biggest challenges is actually finding the right business in the first place. Various factors can hamper any attempt at acquisition, from the lack of businesses being sold in a particular location to asking prices that are way above market...

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