7 Reasons to Consider Buying a Business in the C-19 Market

7 Reasons to Consider Buying a Business in the C-19 Market

Now that we’ve had a chance to catch a momentary breath, thought it worth sharing with you what we learnt from the GFC as a gauge to how this current situation may play out:

  1. Beat the Rush! Unfortunately, there will be business failure fallout due to what’s happening but not just yet. Quality business to buy is available now and will be for the continued foreseeable future, or at least until the distressed ones start hitting and clouding the market. Being in front of the Buying pack will work in your favour.
  2. Buyers continue to look to buy businesses, with our inquiries over the last week the highest they’ve been in some time.
  3. Buyers do so because it is a good time to seek out opportunistic acquisitions of quality, or looking out for perceived bargains, or even for Income Replacement due to job loss.
  4. Granted, it may take a little longer to transact, and all your risk-averse advisors will say the time is not right, but the longer time a business is in the market, it will give continued exposure, meaning more Buyers can come forward.
  5. The market will take time to settle.  You as the Buyer therefore may need the Owner to be around longer than first intended.  This can be good as it will give some certainty of mutual support in sharing the risk, as well as the possible option of a reduced agreed payment upfront as well.
  6. A good business it will stand out.  A good business will always find a Buyer.
  7. All of that said — nobody knows how far away waiting for a “better time” will be

If now is the time to act for you, please subscribe on our Watchlist and be notified each and every time all businesses come on the market through our network.

Rare Birds Deep-Dive Mentoring in Revisiting Business Fundamentals in C-19

Rare Birds Deep-Dive Mentoring in Revisiting Business Fundamentals in C-19

What a pleasure it was to be able to take a momentary breath and give some strategic thought to practical business fundamentals required now. Thank you TeamInspiring Rare Birds. Onwards and Outwards…

In the spirit of knowledge sharing during this challenging time for business, we want to note some key takeaways from today’s deep dive mentoring session with Business Value Analyst, Exit Facilitator and Broker of Sales Denise Hall.

👉Assess avenues for collaboration. Which companies can you partner with to deliver value to your customers and amplify your reach and impact?

👉Understand your greatest asset. Where is the $$$ coming from and how can you maximise that product or service?

👉Reflect on your value proposition. What do your clients pay for and how has this now changed? How can you pivot within your scope of value to adjust to their current needs?

At times like these it’s more important than ever to have someone with a high level of business experience and expertise in your corner. That is exactly what our Rare Birds Mentors are here for and they are waiting to make a difference for you: https://lnkd.in/gwwskjx

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