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    Should I buy a franchise? [video]

    Posted by James Price | JPAbusiness on 16-May-2018 02:00:00

    We have written a number of blogs on franchising and also created a free Buying a Franchise Planning Sheet.

    This week I've published a video highlighting 4 issues you should consider very carefully before buying a franchise.

    Continue reading...

    Topics: Buying a business, Franchises, Video, business advice, buying a franchise, vendor due diligence

    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.
    Continue reading...

    Topics: Selling your business, Template, Checklist, business advice, Business advisor, vendor due diligence

    How to Prepare Your Business for Sale [free eBook]

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

    Preparation is a critical component of a successful business sale and you can't start preparing too early.

    With this in mind we have created a new eBook for our readers and subscribers: How to Prepare Your Business for Sale.

    Continue reading...

    Topics: business advice, eBook, selling a business, vendor due diligence

     
    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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