Buying an existing business can be a much less risky and more
quickly profitable venture than starting your own business from scratch. But
it's not entirely risk free and your success will depend heavily on how wisely
you choose and evaluate the business you buy.
Here are the "tyres to kick" as you begin investigating a
prospective business purchase. These items are not meant to substitute for an
in-depth evaluation -- which you will want to conduct once you've gone through
this first step.
Download the complete article :
Hoping for a pot of gold when you sell your lawn round?
You’ve really got three choices if you want to escape,
First, you can try to grow your business to the point where you
have a team of staff who will handle all the day-to-day routine and take a fair
bit of the stress off your hands..........
Your second choice is to build your business and sell it for a
good capital gain...........
Your third choice to get out is to take your operating profit as
and when it comes then just sell your business for a nominal amount and walk
away at the end. This is not an ideal choice...............,
If you want to sell your business you need
to plan well ahead and make sure that you can show at least two year’s clean
books to a prospective buyer. Clean books mean, accurate figures that
indicate a good net profit.
For the complete article download :
The value of your lawn round