After being given the spiel about how innovative, forward-thinking and well run the business is, I couldn’t believe what I was seeing. “How do I request a payment?” I asked, after not being able to find the right area on the computer screen. “Ahh” said the owner, “hang on” He opens his cabinet and pulls out a wad…
Having gone through many deals one of the most interesting things I’ve come across is seller finance. The interest comes from the fact of how different seller finance is viewed by departing owners. I don’t need to tell you, but when a business owner wants to sell his business he obviously wants all his payment…
Think back to the olden days, being from an Asian background I don’t need to think too far back. But I’m referring to a time when a loving, protecting, proud father tries to find a suitor for his beloved daughter. His pride, his joy, everything he cherishes in the world. He’s spent decades nourishing, and…
It’s estimated that approximately 80% of businesses that are put up for sale just don’t get sold. Whilst there’s really no way of knowing how accurate this figure is, what is known is that there still is an incredibly high number of businesses not finding a buyer. Why is that?! Cries the hard-working owner. “I’ve spent…
You’ve had the countless cold emails. And the countless cold calls. Heck, I’ve even been guilty of sending some myself. “Hey, we can multiply your revenue using social media marketing…let’s hop on a call to discuss” [translated as: let’s talk so I can find out how much money you have to make up my price-tag]. You…
Starting a business is both exciting and daunting at the same time. So many variables, so much to think about, so much to do, the whole process can get confusing and over-whelming. Mistakes inevitably will be made; which isn’t a bad thing per se, as mistakes are what make us learn and grow. But there…