Free checklist: Are you the 'right fit' for business ownership?

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

If you're thinking about buying or starting a business – moving from the employed workforce to self-employment – take a look at our free Business Owner's Checklist.

The checklist features 10 common attributes our team tends to find in people who successfully build and run businesses.

Among these attributes are:

  • persistence
  • ability to deal with uncertainty, including extreme highs and lows
  • ideas person, with an eye to commercialisation and reality
  • self-confidence, but not arrogance
  • someone who can trust others.
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Topics: Buying a business, Free download, Template, business advice, Business advisor, James Price

Free template: Buying a Business Planning Sheet

Posted by James Price | JPAbusiness on 13-Jun-2018 02:00:00

A good business purchase is about planning and ensuring you have plenty of information to base decisions on, rather than rushing in and letting emotions take over.

Use our Buying a Business Planning Sheet to help you ‘make a match’ between your requirements and risk profile, and the business you are assessing.

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Topics: Buying a business, Template, Free download, Advice

Free template: Selling a Business Planning Sheet

Posted by James Price | JPAbusiness on 30-May-2018 02:00:00

If you’re thinking of selling your business, the JPAbusiness Selling a Business Planning Sheet can help place your business in the best position for a successful sale.

This template contains 20 questions designed to prompt you to undertake the necessary thinking, planning and acting that will ensure you and your business are well prepared for the sale process.

The free template can be downloaded in either pdf or Word format.

If you find this template useful, please feel free to share it.

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Topics: selling a business, Selling your business, Template, business advice, Business advisor

What is 'vendor due diligence'? [free checklist]

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

When business owners come to see us, wanting to sell their business, we often get involved in providing what we term ‘vendor due diligence’.

When conducting vendor due diligence for clients, our role is basically to ‘pretend’ we are the buyer.

We look at a range of business health factors including:

  • financial performance
  • business performance
  • staff and organisational aspects
  • contracts, systems and suppliers
  • how the business creates and drives value in terms of its point of difference in the market
  • forward order book i.e. the pipeline, to understand the true nature of the business as a going concern
  • how exposed the business might be to individuals or particular customers or suppliers.
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Topics: Business advisor, business advice, vendor due diligence, Checklist, Template, Selling your business

Template – Buying a Franchise Planning Sheet

Posted by James Price | JPAbusiness on 21-Mar-2018 02:00:00

Buying a franchise may, on the surface, seem like any other business purchase.

However, a franchise is a special type of business in which the brand and business operational model has been systematised.

A franchise may have additional, more complex requirements for a buyer to consider and meet, but they also tend to come with more ongoing support than regular businesses.

We have created the JPAbusiness Buying a Franchise Planning Sheet to help business buyers assess potential franchise opportunities.

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Topics: Franchises, Free download, Template, Buying a business

[Video] How to use the Business Health Check template

Posted by James Price | JPAbusiness on 10-Jan-2018 02:00:00

JPAbusiness has been conducting Business Health Checks for clients for over 15 years.

In this video James explains how the Business Health Check has become such an important part of JPAbusiness' portfolio of client services, and how it serves as a diagnostic tool for uncovering a business' weaknesses, while also identifying its strengths.

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Topics: Business advisor, Template, Video, Business health check

How to use our Selling a Business Planning Sheet [template]

Posted by James Price | JPAbusiness on 03-Jan-2018 02:00:00

With the new year upon us, we thought the time was right to publish our new Selling a Business Planning Sheet.

Business owners often use time off during the holiday period to reflect on their business’ performance and make decisions for the year ahead – decisions which may involve exit and succession plans.

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Topics: Selling your business, Business selling, Business advisor, Template

Buying a Business Planning Sheet [template]

Posted by James Price | JPAbusiness on 09-Aug-2017 05:12:00

A good business purchase is about planning and ensuring you have plenty of information to base decisions on, rather than rushing in and letting emotions take over.

Use our Buying a Business Planning Sheet to help you ‘make a match’ between your requirements and risk profile, and the business you are assessing.

Continue reading...

Topics: Buying a business, Template, Free download, Advice

FREE template: JPAbusiness Outsourcing Checklist

Posted by James Price | JPAbusiness on 05-Jul-2017 05:51:00

Improved communications and the global economy mean businesses are increasingly using outsourcing parties to drive efficiencies.

Contractors, part-time and casual staff, consultants and advisers, are now common among SMEs and larger businesses alike.

We’ve created the JPAbusiness Outsourcing Checklist to help you as a business owner or senior manager decide where and when you can use outsourcing, or virtual resourcing.

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Topics: outsourcing, virtual team, staff management, Free download, Template, Checklist

 
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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