by theEmother | Sep 25, 2015 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, so you think you're in business, start with the end in mind, the business model
As a contributing article in the Australian Businesswomen’s Network latest newsletter, this article discusses the best time to Buy a Business:
Quitting life as you know it and looking to buy a business makes the answers to these questions crucial:
What do I want to do?
Why do I want to do it?
Can I afford to do it?
Will I be happy doing it?
Why do I want to take on someone else’s “stuff”?
To explore the answers to these in the Business Buying context, read the full article…
by theEmother | Jun 5, 2015 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, entrepreneurial mothers, so you think you're in business, start with the end in mind, TEMpting, the business model
This online boutique offers children’s products made by manufacturers committed to earth-friendly practices. Clothing made from organic materials, skincare that is chemical and preservative free, toys made from natural, sustainable sources, bottles and dishware that do not contain hormone-disrupting toxins such as BPA.
Not only is the focus on the products sold, but also the stories behind them. Special care is taken to source items from inspiring makers in Australia and abroad who are designing, innovating and creating fabulous green products, all while adhering to fair trade principles and using sustainable packaging options.
For those making an effort to live a healthier, more sustainable lifestyle, the blog is a valuable resource. It provides news on interesting new products and the latest information on green issues from trusted sources around the world. The newsletter also shares eco-fabulous finds for kids as well as exclusive sales news and giveaways.
The owner has always tried to live a healthy lifestyle and be a conscious consumer. Then when becoming a parent, more attention was paid to the choices made about everything, including eating organic foods, trying to eliminate exposure to toxins and also cut back on the contribution to the local landfill, from food to toys, clothing and bath products. Every decision was given greater consideration, hence the product range for this particular offering in the marketplace.
ASKING PRICE: MAKE AN OFFER
Expected Price Range: $60,000 to $90,000 (plus stock at cost)
by theEmother | Apr 17, 2015 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, entrepreneurial mothers, exit strategy, start with the end in mind, TEMpting, the business model
This online boutique store is full of quality products and beautiful gifts for all of the babies and toddlers. Newborn gifts, the perfect baby shower gifts, 1st birthday or just because…what ever the occasion, here you will find the perfect products in store.
The business sources, selects, packages and distributes a beautiful range of quality products that have been tried and tested. The offer is promoted along the lines of having a personal shopper, doing all the legwork for the purchaser.
Together with the unique range of products on display, so is excellent customer service and the ease of shopping 24/7, from anywhere! Once a perfect gift is chosen, free gift-wrapping is offered as part of the service.
Given the level of interest to date and with time dedicated to it, the business has grown well but still allows for a lot of potential. In particular, it will add value as a bolt-on to an existing business in a similar niche or as a hobby/second income business for the sophisticated baby gift enthusiast.
ASKING PRICE: $100,000 (plus stock at cost)
Interested? email sell@theentrepreneurialmother.com.au
by theEmother | Apr 9, 2015 | build a Mother of a Business, business ideas & thinking, BUY a Business, Buy a Mother of a Business, Finish Unfinished Business, PrimeTimers, Seniorpreneurship, so you think you're in business, start with the end in mind, the business model
“We’ve been living with the internet now for twenty years and it’s not news that we’re all connected. Unless a totalitarian government swoops down and takes away our cell phones and our access to social media, that connectivity isn’t going anywhere. The question is: How do you and I grab hold of this newfound connectivity to take us to the places we want to go?
At a time when old-fashioned routes to power—the schools you went to, the contacts in your address book, the families you were born into—are not the only ways to get ahead, how do we connect intelligently, e.g. better, faster, more efficiently, and use all of our connections to make our ideas happen? Almost everyone has at least the capacity to link up with people, power, ideas, information and resources, but how do we synthesize it all to produce real change and influence people’s lives for the better?
The key is thinking differently about our connections. We need a shift in perception that empowers us to be the drivers of our digital tools and our new resources. This doesn’t just mean executives or traditional gatekeepers. This means anyone. This means you.”
See more at: ChangeThis.com_ConnectionalIntelligence
by theEmother | Mar 27, 2015 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, PrimeTimers, Seniorpreneurship, TEMpting, the business model
The business has been running successfully for 4 years via an online store and through stockists in and around Melbourne. It has also sold via pop-up shops/markets, ran workshops, exhibitions and leased products out for events/open houses, etc.
The business has a good following on social media and has gotten good press over the years and has been featured in The Age, SMH, Shop Till You Drop, House and Garden, Green Magazine and Hooray (previously Hitched) Magazine.
The owners are selling because work circumstances have changed and the business isn’t getting the attention it deserves. Given previous interest, the owners believe the business has a lot of potential, as time is dedicated to it again.
It would be a most credible bolt-on to an existing business in floristry or as a hobby/2nd income for the gardening enthusiast.
Interested? Email dhall@businessbrokers.com.au to start the process by receiving a Confidentiality Agreement to sign and return.
by theEmother | Feb 9, 2015 | buy | sell websites, BUY a Business, Buy a Mother of a Business, Online Strategy incl. www, so you think you're in business, start with the end in mind, the business model
Recently, Lorraine Pirihi from “Relaunch your Life” and I had a good chat about “How to Avoid Losing Money When Buying a Business” (audio is below).
The key aspects of which are summarised here:
• Not certain of what to buy?
• You can spend a lot of time looking at a broad range of businesses.
• Whilst keen at the start it can be energy sapping in the long run if you’re uncertain of what to buy.
• Financial limitations
• Do you have an understanding of what you REALLY can “afford”?
• Can you pass the “sleep at night test”– losing sleep might indicate that you are over stretched!
• Procrastination
• Often after finding the right business that matches your criteria, you may continue to procrastinate with the decision to buy
• Lack of preparation
• Due to lack of preparation, you may not able to identify an opportunity even if you find one. Often buyers regret missing the opportunity after the business was bought by others.
• Seeking the perfect deal
• You may appear stuck in the buying process, and over analyze businesses with the focus on identifying actual or potential issues, thereby talking yourself out of the transaction.
A full transcript of the interview can be found here.
Follow along with this audio…
Podcast: How to Avoid Losing Money Buying a Business – a conversation with Lorraine Pirihi by Denise Hall on Mixcloud
