Buy a Business – When’s the Right Time
Buying a business is about timing. The right time differs for everyone and depends on their personal situation. Yes, No, Yes, No, Maybe, Yes umm No err YES Is it the right time to buy a business differs for everyone and specifically is aligned to their personal situation. With interest rates so low […]
Business Brokers Trap When Buying a Business
Don’t waste your time visiting a broker until you have had a chance to peruse the Business Information and determine if its worth investing time and effort. The Business Broker said “I must come to their office” – We say “Don’t waste your time” You have found a business of interest advertised on a […]
Should I Buy a Business During Covid?
Should I buy a business during covid? Times are uncertain and the decision to buy a business even more so…..BUT there are profitable businesses for sale. As business buyers advocates we are continually contacted by buyers that feel now is the right time to buy a business. With ongoing lockdowns, particularly in Melbourne and Sydney, buyers sense […]
A major mistake when Buying a Business.
When buying a business through a business broker it may appear that the broker is your friend and will help you throughout the purchase. Keep in mind the broker works for the seller, not you the buyer. When buying a business through a business broker it may appear that the broker is your friend and […]
How To Get The Best Deal When Buying A Business
Successful negotiations require a win/win situation for both buyer and seller. Remember you most likely will need the seller to assist you over the initial transition period. Giving up something in negotiating a deal can be a huge win for a buyer over the long term. Up to this stage you may have been dealing […]
Looking For A Business To Buy – The Crazy Business Search Maze
Looking for a business to buy is like entering a maze. Business Brokers don’t have a buyers interest at heart. Unless you want to buy one of their listings, they won’t waste time on you – they act for the seller. Engaging an exclusive buyers advocate to find you the right business will save you […]
How to Assess a Business for Sale? Checklist – Business Assessment
When looking to buy a business it is critical to conduct a thorough business assessment of the business for sale. A business assessment checklist should include all aspects of the target company to understand its true value, underlying risks, and potential for growth. How to Assess a Business for Sale? Business Assessment Checklist. Before purchasing […]
Found A Business To Buy – Stop And Look For What’s Not There
When looking at buying a business typically a business profile or information memorandum will assist you with assessing the business. The challenge is to gather the information that has not been provided. Visit the business as a customer, observe staff and the surroundings, meet the vendor, know the competition and do your own investigations or […]
Corporate Acquisitions When Not For Sale Means For Sale
For corporate acquisitions, being discreet is the number one priority. Investigating businesses that match specific Key Performance Indicators, researching their performance and making contact as an independent third party is a skill that requires timing and understanding. Companies and private equity firms are continually looking to expand their portfolio or acquire a bolt on business to compliment […]
Why BBA – Want To Save Time, Money And Stress
BBA is an exclusive business buyer agency. Whilst we deal with business brokers every day we are not affiliated with any and are totally impartial. When we research business for our clients, we have NO obligation to a broker or brokerage firm – we are totally independent. BBA is an exclusive business buyer agency. Whilst […]