Is Buying a Franchised Business Right for You?

There are a lot of franchise opportunities available that cover almost every conceivable area of the commercial world. They offer the chance to get into a business of your own with products, systems and promotions that have been tested and proven before you start. A...

Is Owning a Business Like Owning a Boat?

Ask any boat owner and they will tell you the two best days in a boat owner’s life are the day the boat is bought and the day it is sold! Notwithstanding all the enjoyment that comes from owning a boat on a sunny day there is an abundance of hard work and many...

Selling a Business?  Keep it Quiet!

Business owners wanting to initiate the sales of their business usually turn to a professional for advice at some step of the way. Exit planning in itself is a complex process and should have begun well before the business goes on the market, although experience shows...

The Deadly Mistakes Entrepreneurs Make

A large organization can make a large mistake but their momentum will carry them past it and their reserves will patch up the damage. When a smaller entrepreneurial business makes a big mistake, it’s frequently enough to kill off the business. Here are six big...

Top Tips for Business Buyers and Sellers

Buying or selling a business is a time-consuming and often stressful activity. Vendors usually feel they’ve got less from the sale than they wanted, while purchasers often feel they’ve paid too much. About the best thing both parties can do is to be...

Transitioning Between Generations

The family business is often the basis of a family’s wealth. It generates the funds that feed and clothe two or three generations concurrently, and can also be something that is a source of pride and to which all family members have a deep emotional attachment....

Trend Analysis for Business Planning

To plan the future of your business you need to be aware of where your industry is going and track the trends that are taking place. Industry trends can change quickly and require intensive and ongoing analysis to determine just what’s happening. For instance, a...