In Australia today there is a franchise operating in almost every type of business category, with varying levels of complexity and cost. Prior to buying a franchise, potential franchisees should do the…
Taking Over an Existing Business
If you think you have the chops to be an entrepreneur, but would rather not start with a new idea — or just plain don’t have a new idea worth starting — you may…
5 Things You Should Know About Selling Your Business
Some entrepreneurs approach selling a business the same way many people sell their house: They set the price high, hoping to close a deal with the top bidder. But there’s a lot…
Turning Over Your Business? 5 Steps To Know
Whenever we start a business we hope to make it big, earn profits and expand a lot. But doing these are not easy. While we all expect the maximum return from our…
How to Make Your Business Sale-Ready?
Thinking of selling your business someday? Planning on leaving your empire to the kids with a chunk of cash attached? Dreaming of retiring to the sunny beaches of a Caribbean island? Perhaps…
Why Sell Your Business?
In the back of their heads, many entrepreneurs are thinking, “when should I sell my business?” Owners who ponders over selling their business does not always do so out of financial desperation or…
Investing In An Existing Business
Here are some of the tips to hold up at the highest point of the need rundown when investing in an existing business. It is suggested that you should use a good…
Buying A Business – What You Need To Know
The established infrastructure and ongoing cash flow is the main reason why most people buy small businesses rather than starting a new one. However, setting up a brand new small business is…
Transfer Your Business to a Family Member
There may come a point when a business owner will want to turn over their business to one of their family members. This could be due to a variety of reasons. Perhaps…
Is It Time to Sell Your Business?
“Quitters never win and winners never quit.” —Vince Lombardi In small business, it’s not that winners never quit. Rather, winners know when and how to get out at the right time. Making…