How to Buy a Business in the UK - A Simple Guide Purchasing a business can be a rewarding and profitable venture: you get to skip all of the start-up hassles and risk of building your own company, and instead enjoy the rewards of fruitful hard work performed by others. But, as we've started to notice, not all businesses for sale are created equal. The quality of offerings on the market will differ...
When it comes to business funding, there are many options available. Although the type of business that you have, along with the level of funding that you require will determine what financing option you explore. Angel Investor Angel investors are individuals with a high net worth that look to back businesses in return for an equity stake. This type of funding is usually favourable by start-ups and...
The global pandemic has resulted in some of the most unprecedented economic downtimes throughout the world. Recent statistics showing the UK having the highest economic slump as compared to other countries like Germany, France, Spain, and Italy may have left you as a business owner confused. Compounded by the confusion and uncertainty on how to re-open safely and effectively makes the picture grim. So, is...
When thinking of options of financing the purchase of your new car or fleet of vehicles for your business, having a reasonable credit score and a cash deposit can suffice to satisfy most automotive dealers. However, the available options can prove overwhelming. You are tasked with choosing what suits your business needs. As such, mistakes can be made and they can become a costly headache going...
How to buy a coffee shop Coffee shops are everywhere, becoming a firm fixture not just on the UK’s high streets, but in places like supermarkets, universities, and motorway service stations. They’re big business, with consumers making coffee on the go part of their daily routines. If you’re a coffee lover who’s also interested in being your own boss, buying a coffee shop may be very appealing....
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....
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...
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...
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...
Thinking of buying a business? If you have seen a business you are interested in purchasing, one of the first things you are probably considering is if you have the capital to make the purchase. The good news is that there are a number of finance options available here in the UK. Most banks and financial institutions are able to provide a variety of loans, both unsecured and secured. Although you may...