Recently I was interviewed by Claire Heaney from www.HeraldSun.com.au to talk about our younger generation and the investment opportunities that are available to them. This prompted me to write an article about this topic and delve further into a subject that seems to be on the minds of not only the young investors in question,
Top Tips When Investing in a Business
When you buy a business, investing your hard-earned money requires some preliminary work and a lot of dedication. Unless you have other goals, the primary reason to invest in a business is to make money. If you follow some of the more common business investment tips that are available, then you should be able to
Tips When Buying a Restaurant
If you have always wanted to get into the restaurant business but have no idea where to start, then buy an existing restaurant and hit the ground running. With an existing restaurant you will have: A business with an established marketing reputation, An instant clientele and staff, A history in the restaurant business that you
How To Become Your Own Boss
For many people, being your own boss would be a dream come true! Running your own business, setting your own hours and not having to answer to an employer is what makes it so inviting, and for most people the motivation to become their own boss is strong enough to drive them into being an
Conquer Your Fears and Buy a Business
There are budding entrepreneurs out there who are just looking for that first business to start, but they don’t know where to begin. It is possible to start a business on a shoestring budget, but buying a business can cost more money. The other fears that come with buying a business include: Trying to execute
Going into Business with Your Friend
Should you or shouldn’t you go into business with a friend? I’m sure this is a thought that most of the people reading this article would have had at some point in their lives, or even taken it to the next level and discussed it verbally with those involved. Can it Work? So you’re downing
Buying or Starting a Business in Western Australia
Western Australia offers investors a vast array of energy and mineral resources, is well-known for its fish and food production, and provides service industries for those commercial sectors that are both up-to-date and very efficient. In regard to international trade, the state produces better than one-third of the country’s exports with on-tenth of Australia’s population.
Minimize the Risk & Buy an Existing Business
There are many compelling reasons to buy an existing business rather than starting one from scratch. Existing businesses for sale can be a much less risky investment compared to new start-up ventures. Consider that building a brand new business from the ground up can be a very time consuming process. Even though new business owners
Six Steps Required in the Process of Buying a Business
What is involved in purchasing a business? Well, first of all you need to know that buying a business can be risky. It involves a process that can often be frustrating, but in the end, very rewarding if done correctly. Listed below are six steps involved when buying a business that you need to take
I want to Buy a Small Business, Now What?
If buying a small business is appealing to you, begin by determining exactly why you want to become your own boss. You may be looking for greater independence, an increase in your income, or a combination of the two. Regardless of what motivates you at this point, these are some steps you should take: ●