Buy A Business Without Losing Your Shirt
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The document provides information about buying an existing small business, including the pros and cons, questions to ask the business owner, and factors to consider. It discusses evaluating business opportunities and industries, conducting due diligence, common mistakes, and choosing between a franchise or non-franchise business. The key takeaways are to thoroughly research any potential purchase, ensure you have sufficient capital, understand the work involved in owning a business, and determine if a franchise or starting your own business is a better fit based on your goals, experience, and risk tolerance.
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This document provides information about joining Mortgage Choice as a franchisee. Some key points:
- Mortgage Choice is one of the largest and most successful mortgage broker franchises in Australia with over 30 years of experience.
- They offer various support programs and resources to help franchisees build a successful business, including training, marketing support, an online broker platform, and ongoing mentoring.
- Customers trust the Mortgage Choice brand and are satisfied with the transparent "Paid the Same" commission model. The strong brand and high customer satisfaction provide franchisees with business opportunities.
Pres mfaa
This document discusses how to value a mortgage broking business. It explains that traditionally businesses are valued using a multiplier of the trail income, but there are other valuation methods. To maximize value, a business owner should consider factors from the buyer's perspective like profitability, maintainability, and transferability. Key factors that influence valuation include the loan book size and quality, customer database and lead generation sources, business model, financial records, location, and market conditions. Asking the right questions about these factors can help business owners see their company's true value.
45 things to do before you put your business on the market
The document provides 45 tips for building value in a business before putting it up for sale. It recommends creating a workbook called "My Business Sale" to track advice. Key tips include determining sale price and target buyers, creating a business plan, hiring a coach and team, improving financial records, branding, intellectual property protection, and automating systems. The overall document offers guidance on making a business more attractive and transferable to potential buyers.
Listing your business for sale with BCI Business Brokers
This document summarizes the business brokering services provided by BCI Business Brokers. They have 28 years of experience in selling businesses. Their process involves conducting due diligence on the business, preparing marketing materials, listing the business for sale, qualifying interested buyers, negotiating the sale, and providing support through to completion. Testimonials from past clients praise BCI's professionalism, expertise, confidentiality, and ability to maximize the sale price and meet timelines.
Grow and Sell Your Business
The document provides 20 tips for business owners to increase the value of their business before selling. Some key tips include conducting a thorough review of strengths, weaknesses, opportunities, and threats; establishing a long trading history; protecting intellectual property; reducing reliance on the owner; maintaining consistent financial trends; and creating a team of advisors like a lawyer and accountant to help guide the sale process. The overall goal is to make the business operations proven, sustainable without the owner, and attractive to potential buyers.
Listing presentation BCI
BCI is an established business brokerage that has a proven process for maximizing the value and successful sale of businesses. Their 27-year process involves conducting an audit of the business, advising on improvements, creating marketing materials, listing the business on various sites, and negotiating the sale. Testimonials from past clients praise BCI's professionalism, commitment, and ability to obtain a high sale price and smooth transaction.
Maximise the value of your business
This document provides a guide to maximizing the value of a business through a business plan map and refers the reader to a video explanation on the topic. It includes contact information for Tony Arena, a broker at BCI Brokers in Crows Nest, NSW, Australia who can provide additional assistance.
ACL Business Plan
This document provides contact information for Tony Arena, a broker at BCI Brokers located in Crows Nest, New South Wales, Australia. It lists his shop address, telephone number, fax number, email address, and website URLs for further information about BCI Brokers and valuing a business.
Exit your business
The document discusses preparing to exit a business and sell it. It provides tips for making the business attractive to buyers such as cleaning up finances, installing systems, and preparing management. It stresses the importance of preparing both the business and yourself emotionally and logistically. Key questions are whether the business is ready to sell and the owner is ready to let go. The document provides steps for maximizing the sale value such as evaluating the business worth, identifying the desired sale price and timeline, and considering using a business broker to handle the sale process.
Great Networking
This is a presentation to show you how to become an effective networker. Overcome the fear of networking. Learn how to make the most of the function. Learn how to run your own functions.
Smart working saving time part ii.key
The document provides tips for improving time management. It recommends taking a time management course, scheduling to-do items as appointments to avoid distractions, breaking large tasks into smaller steps for a sense of accomplishment, avoiding wasting time on unproductive activities like social media, delegating tasks when possible, preparing for tasks to avoid procrastination, being flexible if goals aren't met one day, getting organized to reduce wasted time, taking breaks to avoid stress, and rising early to accomplish more before others wake up. It concludes by advertising the CoWorks shared office space for productive work.
SmartWorking saving time
The document provides tips for smart working and saving time. It recommends taking 30 minutes to plan the next day, prioritizing important tasks, setting time estimates, doing small tasks immediately, focusing on one task at a time to avoid multitasking, blocking out distraction-free time, connecting related tasks to save time, saying no to additional work if it interferes with goals, reserving 40% of time for unexpected tasks using the 60/40 rule, standardizing recurring tasks, and working at CoWorks for a smarter workspace.
Another 10 ways to be a smart worker
This document provides 10 tips for working smarter: 1) Establish an incentive program or join your company's program to boost productivity. 2) Join a professional organization to expand your network and gain knowledge. 3) Delegate tasks that others can do more efficiently to free up time. 4) Use slow periods to redecorate the office to boost morale. 5) Regularly praise and thank employees for their good work. 6) Prioritize tasks consistently. 7) Ask for referrals from current clients. 8) Communicate corporate goals and philosophy to employees. 9) Explore new business development avenues like advertising. 10) Build an international network through correspondence.
Happy Christmas to Your Business
The document provides tips for businesses to prepare for the holidays and new year, including contacting clients and staff to express appreciation, decluttering the office by donating unused items to charity, recognizing staff achievements, nominating a green initiative for the coming year, buying a present for the business, paying bills early, doing charitable work, inviting children to visit the workplace, meeting local business neighbors, delegating tasks, maintaining exercise routines, and considering hiring a business coach.
10 more ways to be a smart worker
Carry emergency cash, simplify your life, and say yes to new ideas. Stop procrastinating and really listen to others. Stretch and flex to feel energized, then work on public speaking skills. Map out your career for the next 5 years, continuously learn, and network with others monthly. The document provides tips for being a smart worker, including always having backup cash, reducing stress, embracing change, avoiding delays, active listening, exercising, improving speaking abilities, planning ahead, lifelong learning, and maintaining an informal professional network.
10 ways to be a smart worker 2
1) The document provides 10 tips for being a smart worker, including learning something new each quarter, celebrating achievements, keeping a journal, getting up earlier in the morning, reviewing your day before starting work, treating yourself, taking weekend getaways, eating a healthy diet, saving 10% of income each month, and listening to music.
2) It encourages reviewing your day in the morning when your mind is clear to see solutions to challenges.
3) It provides contact information for CoWorks, a coworking space in Crows Nest, NSW, Australia.
10 ways to be a smart worker
The document provides 10 tips for being a smart worker: have a clear vision and write it down; set specific goals and commit to achieving them with a plan; check in on your progress daily; record ideas in a notebook and revisit them; save future ideas in separate files; commit to achieving major goals each period; eliminate unhelpful habits; use a planner or calendar to manage your time; read biographies of admired people for inspiration; and join a library for a quiet space to read and work. It also promotes joining a shared work space called CoWorks for a smarter work environment.
Benefits of CoWorks in Crows Nest
This is an informative presentation about CoWorks in Crows Nest. It shows you how coworking can bring more quality and support for your own business.
Dr Boom
Dr. Boom has been a market leader in the mobile phone industry for 20 years. He is now looking to franchise his most successful stores so that others can benefit from his proven system and brand recognition. Franchising offers a safer business opportunity compared to starting from scratch, as franchisees are protected under a code of conduct and have established systems and procedures to follow. Dr. Boom franchises provide profitable stores from day one, expert guidance, prime locations, and the ability to build wealth and secure the future for families by joining as the market leader in mobile phones.
Risks in Business
This document discusses four main types of risk that business owners should be aware of: economic risk, industry risk, personal risk, and legislative risk. It also emphasizes that business and industry cycles should be monitored to better understand when risks may increase. Paying attention to economic indicators, industry trends, personal circumstances, and potential legislative changes can help business owners make informed decisions about their investments.
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Buy A Business Without Losing Your Shirt
- 8. Reasons People buy a Franchise 33% 27% 19% 16% 1% 3%
- 9. Describe Your Ideal Business
- 14. Your Choice √ X √ X √ Non Franch X √ √ √ X Franch √ X X X √ Startup Freedom Brand Answers Support Cost
- 15. Your Ideal Business Successful Foundation Product or Service Growth Answers Right For You Systems Transferable Brand Profitable
- 16. The Journeys Survival Growth New Change $$ Challenge Expectations Support Strategy Expertise Courage Investors
- 17. Building Wealth The Key to Building Wealth in Small Business
- 20. What’s worth more? Appraise business
- 21. Risk and Return Risk % Return pa Bonds Commercial Property Bank Shares Small Business 3 5 8 10 20 Residential Property 30
- 22. Risk and Return by Business Type Low ROI % Growth Industry Larger businesses Strong Brand Protection by Law Ongoing Income Personal selling Unfashionable Reliant on owner Easy entry by competitors Little Infrastructure High 50-90 30 15-20
- 23. Risk and Return by Industry Low Service Retail Cleaning Real Estate Small Manuf. ROI % High 50-90 30 15-20 Property Management Caravan Park Franchise Mortgage Broker Financial Planner