For more than a decade, Melbourne has experienced significant growth in population and employment, along with considerable investment it its industries by international entrepreneurs. At the same time, extensive urban renewal has taken place in South Wharf, Southbank, Melbourne Docklands and Port Melbourne in response to the needs of Australians in the 21st century. Doing
The Benefits of Investing in a Sydney Business
Sydney is a major part of Australia’s largest urban economy and the county’s only global city as well. To a great extent, its financial well-being is maintained and nurtured by networking with the worldwide economy, combined with a steady flow of finance, innovation, goods and services, and people. The city’s key strength is its vast
Are Franchise Businesses a Safer Option
A franchise is a reliable way to start a business. This means that you buy or invest in the name of an already established brand. These businesses have built up a solid reputation around the world. Proven Marketing Strategies Franchise businesses already have tried and tested systems in place such in terms of developing products,
Is Your Business Ready to Sell?
You have worked hard building your business and are now ready to sell and enjoy the rest of your years enjoying all that Australia has to offer. Unfortunately, selling your business will likely take much more work than simply posting a for sale sign in the window. Selling a business is not an overly difficult
What Questions to Ask When Buying a Business
Many people who choose to go into business often look for existing businesses that are for sale. Such people have different reasons for choosing this option instead of starting from scratch. One of the greatest advantages of buying an existing business is that it already has an established customer base. Another advantage is that an
Correct Timing When Selling a Business is Crucial
The sale of a business must be planned and implemented following certain guidelines. Experts recommend a three-year planning period whenever possible, to give owners the necessary time to position a business sale. While putting yourself into the buyer’s shoes is a great place to start, providing instant insight about how your business will be judged
Selling a Business for a Profit
You might believe that the amount you can get for your business is determined by the market or by chance, but in reality there are many aspects of the sale you can control that will have a significant effect on the price you can put on your business. If you are even thinking about selling
Marketing Your Business For Sale
One thing that makes marketing your business for sale complicated is that it’s possible to sell your business without ever advertising it. There may be situations where a buyer is standing by, waiting to take on your business at a moment’s notice. There may even be a pre-arranged price and set of terms. In this
Buying a Business for the Right Reasons
If you are interested in buying a business that is up and running, you will have experienced employees, a recognizable position in the related industry, a defined customer base and operating systems that keep it running successfully. Along with that, you will probably be able get a good combination of bank, seller and vendor financing
Important Steps to Small Business Success
Small business success is based on being sure of what you do, combined with taking advantage of an opportunity that you know is worthwhile. Start by focusing on and clearly listing your goals in a formal plan, which you can use as a type of road map. Doing this will give a sense of purpose