by theEmother | Mar 27, 2015 | build a Mother of a Business, buy | sell websites, BUY a Business, Buy a Mother of a Business, PrimeTimers, Seniorpreneurship, TEMpting, the business model
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 dhall@businessbrokers.com.au to start the process by receiving a Confidentiality Agreement to sign and return.
by theEmother | Feb 9, 2015 | buy | sell websites, BUY a Business, Buy a Mother of a Business, Online Strategy incl. www, so you think you're in business, start with the end in mind, the business model
Recently, Lorraine Pirihi from “Relaunch your Life” and I had a good chat about “How to Avoid Losing Money When Buying a Business” (audio is below).
The key aspects of which are summarised here:
• Not certain of what to buy?
• You can spend a lot of time looking at a broad range of businesses.
• Whilst keen at the start it can be energy sapping in the long run if you’re uncertain of what to buy.
• Financial limitations
• Do you have an understanding of what you REALLY can “afford”?
• Can you pass the “sleep at night test”– losing sleep might indicate that you are over stretched!
• Procrastination
• Often after finding the right business that matches your criteria, you may continue to procrastinate with the decision to buy
• Lack of preparation
• Due to lack of preparation, you may not able to identify an opportunity even if you find one. Often buyers regret missing the opportunity after the business was bought by others.
• Seeking the perfect deal
• You may appear stuck in the buying process, and over analyze businesses with the focus on identifying actual or potential issues, thereby talking yourself out of the transaction.
A full transcript of the interview can be found here.
Follow along with this audio…
Podcast: How to Avoid Losing Money Buying a Business – a conversation with Lorraine Pirihi by Denise Hall on Mixcloud
by theEmother | Oct 21, 2014 | business ideas & thinking, BUY a Business, Buy a Mother of a Business, growth by acquisition, Podcast, so you think you're in business, start with the end in mind, the business model
Taking Care of Business – How To Successfully Buy A Business (or Start Your Own)T by Denise Hall on Mixcloud
A most interesting show last Friday on “Taking Care of Business rpp.fm” with Jackie Mitchell.
Not only did we discuss the initial thoughts processes around Buying a Business, we also talked Customer Service with a local and a national award winners. Most thought provoking and well worth a listen.
Be my guest.
by theEmother | Sep 19, 2014 | buy | sell websites, BUY a Business, Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
WANTED: BUSINESSES TO SELL!
Why, because we have buyers!
Yesterday I attended a funeral of a mother of a dear friend of mine.
Always of time of sadness and reflection…
Given the amount of grief experienced again today, I can’t help thinking about the poor families of business owners who have not done anything about their business affairs before they fall off the mortal coil, leaving it to their family to clean up. “Take me out in a box”, they say.
SO NOT SMART OR FAIR.
With the family grieving, the last thing they want to have to deal with is a business they most probably have no interest in. Lets face it, if they were going to be interested, they would have done so well before the fateful day. And the longer the business is left without being tended will mean the value drops away at a fairly rapid rate. Not good for selling purposes, at all.
Seriously, do something about the business before the owners are gone.
If you cannot, then call a broker just as soon as you can and have them get it sorted for you as soon as possible.
As the business probably forms part of the estate, the sooner it is sold the better the outcome will be for all, financially at least.
GOT A WEBSITE FOR SALE?
If you want to sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS53 Balloons! and all that goes with them…
In the process of shutting this one down, unfortunately.
BS59 Niche Service Provider in Building Trade
via Sellability Score.
Waiting on the 2014 numbers done and then it’s good to go to market. Owner on holiday!
BS60 Advertising and Events agency
(via Sellability Score)
New premises locked in. Design of fit out done. Revenues increasing all the time. Excellent buy waiting to be snaffled up.
BS72 Niche Bookseller and Training Provider
The owner has changed their mind. Sadly, it looks like this will be taken off the market…
Training provider
Due diligence happening now.
3 meetings/phone calls next week:
- spa therapies (waiting on information)
- software provider (waiting on meeting date)
- drinks (waiting on information)
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
by theEmother | Sep 12, 2014 | build a Mother of a Business, BUY a Business, Buy a Mother of a Business, EXIT execution, exit strategy, Finish Unfinished Business, growth by acquisition, how to sell a business, Sell Your Business, SELL your Mother of a Business, Sellability Score, so you think you're in business, start with the end in mind, TEMpting, the business model
How Saleable is Your Business in 2014?
How Saleable do you want Your Business 2014?
What are you waiting for? GET YOUR SCORE…
WANTED: BUSINESSES TO SELL!
Why, because we have buyers!
This week, Hurst Partners – Business Brokers ran another of our “How to Successfully Buy a Business” roundtable workshops (as discussed here). What a pleasure it was to co-facilitate to!
The points covered:
- is Business Ownership for you?
- how do you know?
- what type of business?
- starting vs buying
- overview of the Business Transaction process
- price vs valuation
- using professional advisors
What became clear to me was how much we, at Hurst, know and how much of that information we don’t get credit for.
We’ll have to do something about that now won’t we!
GOT A WEBSITE FOR SALE?
If you want to sell a website or you’re looking to buy a website (excellent bolt-on possibilities), please email me at dhall@businessbrokers.com.au
If any of the following tickle your fancy, please email me at dhall@businessbrokers.com.au, letting me know which one it is…
FOR SALE…
BS53 Balloons! and all that goes with them…
In the process of shutting this one down, unfortunately.
BS59 Niche Service Provider in Building Trade
via Sellability Score.
Waiting on the 2014 numbers done and then it’s good to go to market. Owner on holiday!
BS60 Advertising and Events agency
(via Sellability Score)
It’s all happening! Moving premises and renegotiating terms and opening in another state see this growing whilst on the market.
Paves the way for an even better business to buy.
BS72 Niche Bookseller and Training Provider
The major contender has a meeting with the Bank, so hopefully all goes well. Expect to hear next steps early next week.
Training provider
An offer has been structured and signed, so it’s all systems go.
3 meetings/phone calls next week:
- spa therapies (waiting on information)
- software provider (waiting on meeting date)
- drinks (waiting on information)
Exploring the Sale Option?
GET YOUR SCORE…
Onwards and Upwards!
