You’d be hard-pressed to find somebody who had never stayed in a Bed & Breakfast – or B&B, as they are generally referred to – somewhere in the world! From centuries-old farmhouses and cottages in England to ‘pensions’ in Spain, ‘zimmers’ in Israel and ‘casa particulars’ in Cuba, it’s a concept known the world over, […]
SELLING A BED AND BREAKFAST Read More »
Selling Your Restaurant or Cafe As with all businesses, there are many reasons why people sell, but burn-out is one of the most common. It can be a tough call owning a cafe or restaurant – and you have to remember that your potential buyers might be worried about that, too. So, at least six
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Traditionally a slow time of year for property and business sales, January and February 2016 have bucked the trend slightly, with increasing and steady interest from buyers, although some were waiting to see what the Reserve Bank decided on interest rates at its February 2 meeting. Is it a good time to sell or buy
INTEREST RATE DECISION GREAT FOR BUSINESS Read More »
There are many reasons why you, as a business owner, may decide to sell. Perhaps retirement is beckoning, or you are facing health issues. You may wish to try something new and different, or you may simply recognise that the business is doing well so it’s an excellent time to sell. Whatever the reason, one thing
MISTAKES YOU DON’T WANT TO MAKE WHEN SELLING A BUSINESS Read More »
It’s a new year with fresh challenges and opportunities, so you might be thinking about selling your business. People sell their businesses for all sorts of reasons – sometimes it might be forced on them due to poor health, or maybe it’s just a gut feeling. Your first step in selling is to understand WHY
REASONS FOR SELLING YOUR BUSINESS Read More »
There’s a lot to organise when you sell a business, questions to be answered, financials to finalise, decisions to be made. But one of the biggest decisions is this: apart from money, obviously, what do YOU want from the sale of your business? Are you hanging up your boots for good, taking on a new
SHOULD I STAY OR SHOULD I GO NOW Read More »
2015 was a good year for small to medium-sized businesses (SMBs) in Australia, so whether you are buying or selling a business, it’s never been a better time. It’s not for nothing the 2015 federal budget was labelled the Small Business Budget, with politicians focussing on the growth of SMBs though tax cuts, grants and
IT’S BEEN A GOOD YEAR FOR SMALL BUSINESSES Read More »
There are a number of factors to consider when selling your business, and one of the most important is the welfare of your staff. You have legal and moral obligations to your employees, of course. But your staff can also be one of your major assets when selling your business. When you sell, your employees may
HAPPY STAFF WILL HELP YOU SELL YOUR BUSINESS Read More »
A new year brings a flurry of new home-hunters, which is great news if you are currently selling your home. So it’s a good time to consider what your potential buyer is actually looking for. We’ve all heard the advice about preparing your property for sale – giving it a spring clean, tidying up the
WHAT BUYERS ARE REALLY LOOKING FOR Read More »
The latest Australian Bureau of Statistics (ABS) Retail Trade figures show that Australian retail turnover rose 0.5 per cent in October 2015, following a rise of 0.4 per cent in September 2015. At the same time, the number of people looking to buy a business and become their own boss is also on the rise.
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