THE FOLLY OF MONTHLY LEASES
Occasionally, we come across business owners who are keen to sell their business but only have a “monthly” lease of their rental premises. We now decline to list such a…
Occasionally, we come across business owners who are keen to sell their business but only have a “monthly” lease of their rental premises. We now decline to list such a…
The good news for sellers is that the demand for small businesses continues to be strong across the majority of sectors throughout 2015 and into 2016. Most recently, Verified Businesses…
After 19 years selling businesses on the Sunshine Coast, the founder of Verified Businesses, David Bentley, feels the time is right to “pass the baton” to Verified’s longest serving broker…
Knowing your break-even point can make or break your business. In the past ten years, I have witnessed business operators who are completely across all facets of their business, that…
The significance of correct price positioning of a business for sale is critical, particularly when a business is first listed. But no generic method of determining value exists, as it’s…
Buyers of businesses are generally a cautious breed of human being. They are sceptical, suspicious and nervous of making the wrong decision. This is understandable especially if the buyer is…
Occasionally business owners outsmart themselves when it comes to leases on their premises. We were recently asked to help in the selling of a retail business here on the Sunshine…
Allowing for working capital is not only essential when purchasing or setting up a business for the first time, it’s essential on an ongoing basis for survival and growth. Previously,…
Circumstances often conspire to spur us on to better things, particularly in business. A few years ago we sold a commercial cleaning business to an ex farmer. He had no…
Keeping a close eye on a business is of major importance to any business, which may seem obvious, but it’s surprising how many business owners have no idea of their…