When considering buying an established business it’s always a good idea to first ask yourself , is buying an existing business the way to go or would myself and the community be better served by starting a business from scratch?
Your dream is to own a health food store and you are looking into how to make that happen. Two quick ways to get information is use the Internet to see what kind of stores are for sale. Also you would be wise to speak with several Business brokers in bangkok to see what they have available and the current pricing. Franchises are also available in this industry. You can check them out online and contact them direct for more information.
The greatest challenge for many Business brokers online is they don’t know the right way to ask for referrals. My first five years in business as a financial advisor, I had the same challenge. Just like the construction company, I would ask my clients, “Who do you know…?” This was met with many blank looks. It was such a broad question that no one knew how to answer it. They had a difficult time coming up with names.
Tour companies are committed to ensuring your trip is awesome. They are the ones who own the buses, pay the drivers, and hire the customer-service staff. Your happiness lets them continue to operate as a business. Brokers don’t have that level of commitment. Their job is simply to fill seats at whatever price they can get.
What are the details of the final sale price fee that these brokers charge that one should keep in mind? This can be considered in a number of ways. You can follow the regular manner business brokers charge: ten per cent of the first million made on the sale, eight per cent of the next, six percent of the third and four per cent of the rest.
Adding video puts your firm above the rest. This should be easy to do as most business broker websites fail when it comes to projecting and image of success and professionalism. When posting a video on your site, it should start automatically and should be short. It should not exceed two or 3 minutes. You should have included on your video, several quick topics to give the visitor additional information about your firm. Ideally you want to mention your services, the benefits of using your firm, a quick testimonial and why your firm is better than the rest. The video should be there to give your website the human touch that text cannot provide.
Talk to the people in your life who are likely to be affected by the venture. Let them know the hours that you are likely to have to work and the risks involved. You might need their support if you initially go through a rough patch.
Employees are important to the growth of a company. Treat them with respect and compliment good work. People like to know they are appreciated as well as being paid for the work they do.