Unless you are looking at selling something
unique into the market place, or you have previous experience to take a start
up business from scratch to a stage where it is profitable, buying an
established business would normally be more attractive and financially
rewarding. The immediate benefits from
purchasing the right business could be:
- An income from day one, as all assets and business structure
are in place to generate an immediate income.
- Established trading history with customers, clients, employees
and supplier relationships already in place.
- Typically it costs less to buy a business when compared to the
funding required to establish a startup, particularly when you consider
the time it takes to set up operations, develop a sales pipeline,
streamline the service delivery and make the sales, BEFORE reaching a
break even scenario.
- It’s generally much easier to secure finance to purchase an established
business when compared with seeking finance by way of a commercial loan
for a new ‘start up’ with no track record.
What Businesses are Available for Sale.
Most people think that the typical small
business offered for sale are businesses such as cafes and other food or retail
outlets, (there are many great and profitable businesses in this area) HOWEVER, almost ALL TYPES of businesses come
up for sale at some point in time.
For example businesses that may suit
persons with a professional background include:
- Accounting Practices
- Engineering Service
- Consultancy- Human Resource Management
- Employment Placements
- Marketing and Sales.
Don’t make a decision about starting a business until you have
investigated the market to see if there are businesses available within the
areas that you are interested in. You
can the ‘jump’ into a profitable business and leverage off the hard work
already undertaken by someone else.
We can also assist you with information on
“career change” businesses.
Port Macquarie
area is one of the most popular on the mid north coast and provides a lifestyle choice that is the envy of many.
Call Port Macquarie
Business Brokers to discuss your specific needs.
We can also help with residential home
purchases, rentals, commercial/industrial sales and leasing.