Archive for June, 2014

“you can only get so far on gut feelings and optimism”

OK, so you’ve got the idea. The next best breakthrough thing. Good for you. Now what? Many spend a whole heap of time building the thing for show and tell purposes, in the hope of it being a roaring success. Wrong! Instead, spend the time, energy and money on creating the market first, doing the business stuff first, in order to know what to spend your time, energy and money on. Where are you up to? “It is one of our saddest economic statistics: More than half small businesses fail within a few years of startup. Unlike the cheery pictures…

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TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014? How Saleable do you want Your Business 2014? What are you waiting for? GET YOUR SCORE… Spending the next 3 days learning further about all things Buy and Sell Websites. Looking forward to sharpening my saw on the skill set I am nurturing and developing and enjoying. Sometimes you just have to DO to work it out! Fortunately, during your time as a Broker, you come across people who get it! By that I mean, there is no education component required in order for them to understand what you’re revealing. And what a…

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the power of a well-constructed and timely email…

Today, I started a campaign for a business sale. This campaign though is not following the usual “sale process”. The client has been very specific about who would find what they have for sale of value. As a result, there is to be no advertising of a public nature. Instead, we have developed a 3-pronged proactive process. It is made up of professionally approaching to the larger ones first, with others that have expressed an interest in the past next followed by going out to the clients OWN database Given their own client list is extensive and the importance of having an…

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“world domination” – two of my favourite words…

Many a time, when talking to Business Owners, I flippantly ask whether they are going for World Domination in what they do. Most chuckle and say, “oh yes!” But it’s actually a serious question. If you’re not looking to build something of note, why bother? “It doesn’t matter if you are a small business owner, manager, CEO, employee, or aspiring entrepreneur; you want to be the best you can be. You don’t have to be a billionaire in order to be at the top of your game. In fact, you have more in common with the world’s most successful business…

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TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014? How Saleable do you want Your Business 2014? What are you waiting for? GET YOUR SCORE… Started some of the renovation of the transferred website this week, with more to come. Best way is to step this out anyway, given I want to know what works and what doesn’t. I won’t know that if I do it all at once will I? Yes, I do need to double the numbers first off, to make it worth continuing the process, but systematically and consistently is the way to go. Are you 45-55 years of age…

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A business selling HAPPINESS; interested in buying it?

$20,000 + SAV • Profitable with average weekly revenue of $4,300 • Easy to operate Party Supply business with high gross margin • Website setup with full ecommerce facilities • Business has both retail and corporate clients • Trading six days per week Located in the Eastern Suburbs of Melbourne VIC, the retail setup is a newly refurbished shop and equipment. Currently with adjusted profit of $70,000 to the working owner, with room for improvement. The owner must sell urgently due to other commitments. Realistically priced to sell at $20,000 plus stock at valuation (approx $40,000) Contact Broker now

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the Magic Triangle of company and career health…

“While giving speeches, I began to wonder why some companies had blasted out of the recession in fine shape while others had not yet escaped, as if sick or dysfunctional. When a human being is sick or dysfunctional—or just not thriving—the root cause is always found in one of three areas. Picture a triangle. One side is physical health. Another side is emotional. A third side is social. If you are thriving on just two sides but not on a third, your entire health is at risk. Ask an otherwise physically and mentally healthy person who is struggling with social…

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TEMpting; How Business Buyers and Sellers Have Been Tempted This Week…

How Saleable is Your Business in 2014? How Saleable do you want Your Business 2014? What are you waiting for? GET YOUR SCORE… Started some of the renovation of the transferred website this week, with more to come. Best way is to step this out anyway, given I want to know what works and what doesn’t. I won’t know that if I do it all at once will I? Yes, I do need to double the numbers first off, to make it worth continuing the process, but systematically and consistently is the way to go. Most interesting week! My past Consulting…

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how’s the investment of your Time, Energy and Money working for you?

When I first meet Business Owners who want to talk shop, I eventually ask them 3 basic questions: is your Business making money? is your Business making a profit? are you paying yourself? In 90% of cases, I do not get a resounding YES to all of these. What I usually get is a “oh yes” to #1, “sometimes” to #2, and “not really” to #3. If the answer to all 3 questions is not a big, fat, hearty YES, then what are you really investing your time, energy and money in? “We are all investors. We invest our time,…

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