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    How to avoid losing key staff when you buy a business

    Posted by James Price | JPAbusiness on 18-Apr-2018 02:00:00

    In our experience, the risks associated with business purchases fall into three categories:

    1. People
    2. Customers, suppliers and market dynamics
    3. The value exchange.

    In this blog we're going to examine how to manage the 'people risks' of a purchase.

    Continue reading...

    Topics: Buying a business, business advice, Business advisor, business management

    How to ensure your suppliers add value to your business

    Posted by James Price | JPAbusiness on 14-Mar-2018 02:00:00

    Suppliers are key value drivers in a business.

    Suppliers make up a large part of the cost of doing business, but more importantly they assist in providing consistency of whatever product or service you deliver.

    The degree to which you’ve got that continuity locked down will allow you to drive more value in your business.

    If you’re servicing a customer and you know you can be predictable and deliver at a certain time, then you’re much better at pitching to that customer against a competitor.

    Continue reading...

    Topics: Business Value, Suppliers, business advice, business management

    Do you have what it takes to own a business? [infographic]

    Posted by James Price | JPAbusiness on 28-Feb-2018 02:00:00

    Business ownership can be incredibly rewarding – personally, professionally and financially – but it’s not for everyone.

    Business ownership is only the right environment for some people, and for many of those it’s only the right environment at the right time.

    Before you spend months trawling through business advertising sites, trying to decide which business would best suit you, first consider whether you would suit business.

    In this infographic we’ve summarised 10 attributes we tend to see in successful business people.

    Continue reading...

    Topics: Buying a business, business advice, business management, business ownership

     
    Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
     
     

     

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