The answer is YES for 63% of those we asked, based on this questions “Would you consider buying a percentage of a business now with an option to buy the rest when the situation resolves”?
(Q8 from the Xcllusive Business Buyers Report – April 2020)
We saw a little of this pre-COVID 19 but expect this method to increase in the future. It means the buyer and the seller will share the risk. This is very encouraging for the future.
Complimentary to this: What are the characteristics that will compel you to buy in this environment?
- Low fixed overheads relative to sales level
- Good forward plan
This is something business owners can do now to prepare their business for sale.
If you’re considering selling, have a really good look at your overheads – there’s never been a better time to renegotiate and reduce your overheads. Create a short but solid forward plan using bullet points to show the direction of your business..
To find out what else Buyers has to say, go here to read the full Report.
Online Businesses are booming. It makes sense then that we are seeing an increase in the number of online businesses for sale, some well-established and some start-ups. A relatively new area, how does the sales process differ from a bricks-and-mortar business?
The fundamentals still apply; it’s only the business model that is different.
Read this now in the latest Coast to Coast Magazine – Australian Businesses for Sale.
FREE Appraisal from this viewpoint…
CONTACT ME https://www.theentrepreneurialmother.com.au/talk-to-me
Start this new financial year off with a line-in-the-sand Appraisal as to the worth of your business, so you can make informed decisions towards your ultimate goal of EXIT (whether this be planned or not!).
For you, this will be complimentary with my pleasure…
#appraisal #sellbusiness #buybusiness #businesssales #xcllusive #denisehall
Win Charles’ Books. Hope and Life, my journey as a disabled woman living in a Non-Disabled world. Smile with Dictation
Recently I had the good fortune of being able to have a chat with the very talented Win Kelly Charles on the PODCAST Ask Win!
Unsurprisingly, the conversation got to the Exit part, where I asked what plans she had in place should she decide not to continue with her business and books etc.. She surprised herself by not being able to answer this! She had spent so much time setting up her business over the years, and more recently her Trust, that what should happen to it if she wasn’t around had not entered her mind as something in need of consideration. She assured me she will address this, pronto!
Podcast host, Win Kelly Charles, has Cerebral Palsy and her mission is to help others with physical and mental disabilities to find their voices through written or spoken word and using today’s assistive technologies as needed.
Enjoy the PODCAST here: https://simplecast.com/s/5fc470ac
Ask Win is a podcast about celebrating life with people from different walks of life, with a focus on those sharing their stories through writing books and/or blogs, taking a look into daily life issues and how we mold our creative freedom through interviews with independent artists and authors.
Much gratitude to all who shared 2018 with me, and may we catch up again soon. To those yet to meet in 2019, can’t wait.
Rest time now, in readiness for a ripper of a year to follow.
Onwards and outwards 🥂