An excerpt from my article featured on www.startsatsixty.com.au talking about popping Buyers Goggles on to investigate all the different buying opportunities there are…
Many people think that the typical small businesses offered for sale are only those such as cafes and other food or retail outlets, however almost all types of businesses do come up for sale at some point in time. (There is of course the option of tapping an existing business owner on the shoulder and asking them to consider thinking about selling as well).
I strongly encourage you not to make a decision about starting a business until you have investigated what the market has to offer, to see if there are businesses available within the area that you are interested in. By buying, this will enable you to “jump” into a revenue-generating business and leverage off the hard work already undertaken by someone else.
Unless you are looking at developing and delivering something unique into the market place, or you have previous experience to take a start-up business to a stage where it is profitable in a short time frame, buying an established business will generally be more instant, attractive and financially rewarding.
Want to read the full article, here it is…
Recently, the 2nd of my articles for the motivations magazine.com was published.
Most pleasing! And it goes like this…
During the Retirement and Estate Planning process, “Ownership of Assets” forms part of the discussion. Where one of the assets is a business, and it is a primary contributor to the Estate, it makes perfect sense to ask a number of provoking, asset-protection, risk-minimisation questions.
The questions are best offered from both a proactive and a reactive viewpoint.
Taking such initiative is paramount for ALL business owners who seriously want to successfully transition their business while they are in the best position to do so. In most cases however, business owners will not have commenced the all-important discussion about what to do when the time has come to finish, to exit, to essentially not run their business any more, whether that be by choice or otherwise.
Continue reading here: http://motivationsmagazine.com/starting-with-the-end-in-mind-today-regardless-of-how-old-the-business-is/
“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
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 firstname.lastname@example.org to start the process by receiving a Confidentiality Agreement to sign and return.
Once again I had the good fortune to talk with Lorraine Pirihi about the importance of productivity and profit in your Business, highlighted by the 6 steps Lorraine often coaches by.
A snippet of the gold contained in the below recording and transcript goes as such:
“Quite often you’ll hear in the housing market about growth or cashflow. Business actually abides by similar rules. There’s growth and there’s cashflow. A lot of small business, especially if they intend to stay smallish business, need to concentrate on the cashflow aspect. Because unless you’ve actually got a plan to grow and go world domination – there is an element of growth that needs to be in there to maintain the cashflow, I get that – but they’re actually two different types of strategies. And cashflow, especially if you’re a solopreneur or if it’s a lifestyle business or it’s a second income or if it’s one that you don’t want to bust your chops running; then the logic has to be that it is cashflow based.”
PODCAST: 6 Steps to Boost Your Productivty and Profits with Lorraine Pirihi by Denise Hall on Mixcloud
Read all about it here…
Is Your Brand Missing the Mark with 60% of U.S. Consumers?
By Paul Jankowski Published Feb. 18, 2015
“There’s one part of the country where, I think, many brands are completely missing the mark: it’s what I call the New Heartland. It’s made up of the Southwest, Midwest, and parts of the Southeast and is home to 60% of all U.S. consumers. It’s a massive and influential cultural segment that is largely misunderstood and underserved by advertisers—and a huge opportunity for brands willing to make the effort.
So how do brands effectively reach the New Heartland?”
Read all about it at ChangeThis.com