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How To Deal With £1 Charlies From The DealAcademy
How to combat the sneaky tricks used by dodgy buyers / investors
Continue readingCourses Teaching Business Acquisition Skills
BUSINESS ACQUISITION FOR SUCKERS Warning: When it comes to teaching people how to buy a business, there are a lot of highly suspect courses, books, webinars, seminars and videos around! Do not spend money on any of them till you’ve read our reviews below.THE RECOMMENDED COURSES After decades of reading acquisition material pumped out by […]
Continue readingAre these genuine investors?
Some background checks on companies & individuals who claim to be “investors” buying businesses. If you’ve been approached by someone who wants to buy your business, you cannot afford to ignore this page. Read it in its entirety …and then read it again!Beware! The person who approached you to buy your business is possibly a […]
Continue readingShould You Sell Your Debt Before Selling Your Business?
Loan Book Valuation: Getting the Best Price For Your Debt Selling a business usually involves selling the business assets as well as liabilities. The new owner takes ownership of the debt book – the accounts receivable, the debtors who owe you money – as that is an asset. He can sell that debt or raise […]
Continue readingTurner Butler Business Broker – Reviews, Complaints, Feedback, Comments
Turner Butler: Reviews, Feedback, Complaints, Fees, Testimonials, T&Cs… Intro: The company that refers to itself as Turner Butler states this on their website: “Turner Butler has over 30 years experience in selling Businesses”.30 years. However, the company name they disclose in the footer of their site is Turner Butler Ltd, a firm that was registered […]
Continue readingErnest Wilson Business Agent – Reviews, Complaints, Feedback, Comments
Ernest Wilson: Reviews, Feedback, Complaints, Fees, Testimonials, T&Cs… The company that refers to itself as Ernest Wilson and runs from the website ernest-wilson.co.uk is actually two companies – Ernest Wilsons & Co Ltd (company #03071112 ) and Ernest Wilson’s (West Yorkshire) Ltd (company # 08476014).Yes, the website and trading name use “Wilson” without an ‘s’ […]
Continue readingHow To Sell A Business As A Bolt-On
How To Sell A Business As A Bolt-On Short answer: Don’t! Don’t describe your business as “an ideal bolt-on” as that’s an act of severe self-harm! This page explains why.One of the biggest mistakes business owners make is claiming that their business would be good as a bolt-on.Yikes. I believe vendors should never, ever say […]
Continue readingProfit Boosting Before and After Sale of Your Business
Profit Boosting: before and after the sale of your business This is a guest post by Dave Simon of Double Your Profits Consultancy Selling A Business Is Different!While owner-managers may be very familiar with selling their products and services, selling the business as a whole is often a first experience.This sale may result in the […]
Continue readingHere’s Why You Have No Chance Of Finding The Right Business Broker To Sell Your Business!
It is almost impossible to find the right business broker for your business* As below, there are over 100 brokers just under the letter “C”!*Unless you talk to us Which of the 1000+ brokers can find you the right buyer, in the right time frame & get the best price? The choice of business brokers is […]
Continue readingChoosing A Business Broker Based On Their Success Rate
How Do You Choose A Business Broker Based On Their Success Rate With Selling Businesses Like Yours? When choosing a business broker to sell your business it makes sense to choose one with a higher success rate rather than one with a lower success rate, right?Wrong! But why wouldn’t you choose a broker who sells […]
Continue readingBusiness Broker: 10 Facts You MUST Know Before Engaging One!
The Business Broker10 Facts Every Business Owner Must Know Before Engaging Business Brokers Selling a business is a significant event. Getting the business broker choice wrong, as most business owners do, is an expensive mistake. Background: We manage the UK’s largest database of business brokers. We track their expertise, sector specialisation, fees, contractual terms, awards […]
Continue readingValuation? Bah, Humbug! How To Sell Your Company For A Lot More Than Your Valuation
Got A Business Valuation? Throw It Away. You Can Sell For A Lot More Than That Valuation! Had a professional valuation done for your business? Ignore it. Here’s how you can get the maximum price for your business … and it could be a lot higher than the valuation. Introduction Whatever your formal valuation, it […]
Continue readingNational Business Sales – Reviews, Complaints, Feedback, Comments
National Business Sales: Reviews, Feedback, Complaints, Fees, Testimonials, T&Cs… The company that refers to itself as National Business Sales is actually National Business Sales Ltd. On first appearance it seems this company was registered in 2000 and has been operating as a business broker since then. But a closer look reveals some interesting information. According […]
Continue reading10 Top Tips To Writing A Killer Ad When Selling A Business
Mastering The Ad Copy That Will Sell Your Business Tip: This article contains the best ad copy writing tips that’ll get your business-for-sale advert maximum visibility and compel buyers & investors to respond. Part I: The bad examples or what not to doPart II: Our top tips to writing a killer advertisement to sell your […]
Continue readingNegotiating Price & Terms On The Sale Of A Business Or Doing An M&A Deal
Negotiating Price & Terms When Selling A Business or Merging / Acquiring One Business owners often underestimate what’s involved in the negotiating of these deals. Many think it’s just about finding a price that works for both parties. Or worse – they think the negotiator is going in there to get them the “highest possible […]
Continue readingQuestions & Answers – FAQ About Selling Businesses
FAQ: Real Life Questions (And Answers) On Selling Businesses Questions & AnswersThe below are questions received from business owners in relation to selling businesses, and the answers we provided. Note that no confidential information is disclosed below and numbers and names have been modified to anonymise the sender. Questions and Answers: 1 | 2 | […]
Continue readingShould You Hire A Sector Specialist Business Broker?
Sector Specialist Or A Generalist Business Broker To Sell A Business? What is sector specialisation? Pros and cons of using a sector specialist broker to sell your businessShould you use a sector specialist?Dealing with generalist (sector agnostic) brokers who say sector specialisation is irrelevantHow to find a sector specialist? What is sector specialisation?There are 1000+ […]
Continue readingWhat Many Owners of Small Businesses Don’t Realise: The “Small” Is The Problem
Why Selling A Small Business Is So Difficult: The “Small” Is The Problem Summary: A business needs to be a certain size before it makes sense to try selling it. It needs to be generating a decent sized net profit of at least several tens of thousands of pounds (after paying the owner a fair […]
Continue readingBlacks Business Brokers – Reviews, Complaints, Feedback, Comments
Blacks Business Brokers: Reviews, Feedback, Complaints, Fees, Testimonials, T&Cs… The company that refers to itself as Black Business Brokers is actually Blacks Business Brokers Ltd. Director names associated with the company over the years include Joanne Booth, Christopher Kenneth Rowlands, Gerald Augustine Anthony Murphy, John Gaskell, Philip Colin Gaskell, John Andrew Gaskell and Mathew Parkinson. […]
Continue readingRTA Business Sales – Reviews, Complaints, Feedback, Comments
RTA Business Sales: Reviews, Feedback, Complaints, Fees, Testimonials, T&Cs… The official name for RTA Business Sales is R.T.A Business Consultants Ltd (company number 01066879). They are one of the oldest business brokers in the UK, registered in 1972, and were originally called Grahams of Manchester Ltd (up to 1978).This review was written in February 2018. […]
Continue readingIntelligent Business Transfer – Reviews, Complaints, Feedback, Comments
Intelligent Business Transfer (Intelligent Business Partners): Reviews, Feedback, Complaints, Testimonials, Fees, T&Cs… OverviewFeesReviewsFinancialsContract TermsMarketingLatest FinancialsOverviewIntelligent Business Transfer (IBT) is a Leeds based business transfer agent. This review was written in January 2018. Some of the information below may be out of date. You should always seek the most current information and conduct your own research; […]
Continue readingSelling A Business: The Harsh Realities That They Don’t Tell You About
The Truth About Selling Businesses That They Don’t Tell You Selling a small business is a lot more difficult than most people realise. Business brokers (and business-for-sale listing platforms) give the impression that selling is a breeze. Brokers often make out that they have a very high success rate. Business-for-sale listing platforms give the impression […]
Continue readingI Had An Offer To Buy My Business: How To Respond, Mistakes To Avoid
How Best To Respond To An Offer To Buy Your Business?I Had An Offer To Buy My Business: How To Respond, Mistakes To Avoid An offer to buy your business could be very exciting, and is your chance to cash out. This article covers how best to protect your position. If you’re looking for advice […]
Continue readingHow To Buy A Newsagent, Convenience Store, Post Office Or Corner Shop
All You Need To Know About Buying A Newsagent, Post Office, Corner Shop Or Convenience Store This is in response to a client of mine who was considering packing in the day job in the city and moving to the country to buy a newsagent type business. I document below the discussion and advice I […]
Continue readingIs It Profitable To Buy Or Sell A Loss Making Business?
How To Sell A Loss Making Company At A Profit? How Much Can You Get? The Theory: My company is a loss making business and has made losses for several years. If someone buys us out they can use these losses against their own profit and save a lot of money in Corporation Tax.The Logic: […]
Continue readingWhy Your Business Broker Is Not Attracting Any Buyers
Listed A Business For Sale With A Broker And Getting No Calls? Here’s Why. IntroductionThis light hearted look at the world of business brokers was written pre 2010 and when I was actively looking to buy businesses. The below is what buyers like me used to typically experience when we contacted business brokers to enquire […]
Continue readingStop Shareholder Disputes Damaging The Sale Of Your Business
Shareholder Disputes – How To Resolve Them If You Want To Sell Your Business What if all the shareholders are not in agreement with respect the sale of the business (or the valuation)? Unknown to most business owners, a minority shareholder can hold up a deal as buyers do not want to get involved in […]
Continue readingHow To Successfully Sell An Insolvent Business
How To Successfully Sell An Insolvent Business The latest figures released by the Insolvency Service for the first quarter of the year show that corporate insolvencies rose 4.5% compared with the final quarter of 2016, and were 5.3% higher than the same quarter last year. The official figures also indicate that Q1 2017 was the […]
Continue readingAsset Sale Vs Share Sale, What’s The Better Deal For You?
Asset Sale Vs Share Sale: Does Selling Assets Get A Better Price Than Selling Shares? If a business is a Ltd company, the sale can be structured in one of two ways – by selling the shares or selling the assets. (This doesn’t apply to sole proprietorships or partnerships as these businesses don’t have shares.)While […]
Continue readingHow To Sell A Business By Yourself And Without A Broker
A Detailed Guide To Selling A Business By Yourself & Doing A Better Job Than A Business Broker WouldEverything you need to know about selling a business but which no business broker will tell you. By Clinton Lee (LinkedIn profile) There are two ways to go about the sale of a business: 1. The Easy […]
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