Let’s Start a Business

For most people, the idea of starting a business can both be exciting and scary at the same time. The exciting part first: You take control of your financial destiny, meaning that your income isn’t fixed by your employer and you control it based on how well you perform in the bsuiness. You have flexibility over your time, meaning you can pick up from the kids from school and take them to soccer... [Read more]

What’s Your Salon Worth?

By Kym Krey Even if the thought of selling your salon has not crossed your mind yet, one day it might. The steps you take to make it ready for sale will make your salon much more valuable to keep, so the effort is always worth it. However, most salon owners leave this far too late. In fact, most advisors will tell you that you should be preparing for the day you sell from the moment you actually... [Read more]

What is a Trial?

Here at Business for Sale blog, I’m sometimes asked, “What is a trial?” in respect to business listings. If you’ve spent time looking at business listings online and offline, you’ll eventually see wording along the lines of “Will trial at $8,000 per week” (or any amount – it depends on how well the business is doing). So what does this mean? Well, it’s... [Read more]

Financing a Franchise – Part 3 of 3

By Chris Ryan F. Fin. This is the third and final part of my article series on financing a franchise. If you haven’t done so, please read Part 1 and Part 2 before continuing on below. As discussed last week, the issues of financing a business can include: Fees, Interest Rates, Security, Term of Borrowing, Profit Projection and Working Capital. This week, aside from discussing profit projection... [Read more]

Financing a Franchise – Part 2 of 3

By Chris Ryan F. Fin. This is the second part of my article series on financing a franchise. Please read Part 1 before continuing on below. As discussed last week, the issues of financing a business can include: Fees, Interest Rates, Security, Term of Borrowing, Profit Projection and Working Capital. This week, I’m going to discuss fees, interest rates, security and term of borrowing. a. Fees Banks... [Read more]

Financing a Franchise – Part 1 of 3

By Chris Ryan F. Fin. So……… you want to buy a franchise? Why? You may have many reasons, but let me suggest that your primary motivation for buying a franchise should be a desire to make money. Or more specifically, to make an adequate profit sufficient to fund your life’s expenses. This could be -: putting food on the table for your family, providing a roof over their heads, paying... [Read more]

“How to Maximise the Value of Your Retail Business” released!

If you had subscribed to my newsletter on the right, you’d have just gotten my free guide on “How to Maximise the Value of Your RetailBusiness”. Below is an excerpt on a controversial topic – skimming off the till. 5. Be Truthful This is not a mini-guide on morals, but the fact is… being truthful usually means more profit and less frustration in the long run. What do... [Read more]

Something is cooking…

If only you had subscribed to my newsletter (to the right), you’d have just gotten my first preview mini-guide on “How to Maximise the Value of Your Retail/Food Business”. So if you don’t want to miss out on members-only content, join the newsletter now. I promise I’ll deliver great information, and you can unsubscribe anytime. Chris Khoo Business Broker AKPC_IDS += "241,"; Read More →

Can an Internet strategy add value to your business?

This is Marshall here from Small Business Internet Marketing. Chris has kindly asked me if I would do a guest post for his blog – so here it is. So, you have your business for sale or you are thinking of selling. You want to maximise how much you can sell it for. Here is one area that is often overlooked, but is essential to getting the best price. Most business owners equate an Internet strategy... [Read more]

What is an addback?

I have to admit, when I first heard this term, I had a picture of a redback spider in my head. Needless to say, I wasn’t too fond of the word at first. But once I got my head around it, boy did it open my eyes. It’s an essential part of understanding the true profitability of a business. … so what is an addback? An addback is an unusual or non-business expense that is taken out... [Read more]

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