Business Articles
Great business articles from starting a business to selling one - enjoy!
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Why have a business exit strategy?
Why have a business exit strategy?
As is often the case when entering into a business, the complete focus is on setting up, operating and growing the business. What is easy to overlook... -
Get More When Listing Your Business For Sale
Get More When Listing Your Business For Sale
There is likely to be a wave of business owners wishing to sell in the coming years. Unfortunately a number of these businesses won't be attractive e... -
How To Prepare Your Business For Sale
How To Prepare Your Business For Sale
When preparing your business for sale it's important to plan it well and consider who your potential buyer will be. There are a number of factors tha... -
Business insurance - protecting your business
Business insurance - protecting your business
Protecting your business and assets is sound business practice. It is important to choose the correct mix of Business Insurance policies at the right... -
Reducing business overhead costs
Reducing business overhead costs
Overhead costs: how to calculate them and how to keep them down Business owners the world over agree that the not-so-secret secret to business succ... -
Using the bank to arrange business finance
Using the bank to arrange business finance
The time when you could walk into a bank, see a bank manager, tell him (in those days it was a him) what you wanted to do, tell him how much you need... -
Top Tips When Buying a Business
Top Tips When Buying a Business
Owning a business can be a great way of making a living while enjoying the benefits of being your own boss and owning a business. There is a huge r... -
Retail business opportunities and challenges
Retail business opportunities and challenges
Retail, but not as we know it... The way we shop has changed tremendously over the last few decades and the rate of change shows no signs of slow... -
About buying a service business
About buying a service business
You have decided to buy a business - but what type best suits you? There are 4 main types: · Manufacturing · Distribution · R... -
About buying a retail business
About buying a retail business
You have decided to buy a business - but what type of business suits you? There are 4 main types: · Manufacturing · Distribution &mi... -
Buying a shop or retail business
Buying a shop or retail business
"Liked the shop so bought the business" - it does happen and owning your own retail outlet is a dream shared by many. After all there is huge revenu... -
About buying a manufacturing business
About buying a manufacturing business
You have decided to buy a business - but what type best suits you? There are 4 main types: · Manufacturing · Distribution · R... -
Financing a franchise, what the bank wants
Financing a franchise, what the bank wants
Entering a franchise nearly always involves an entry fee, other set-up costs as well as ongoing fees and royalties. These can vary widely depending o... -
The 7 Steps to Buying a Business
The 7 Steps to Buying a Business
It’s not every day you buy a business. Acquiring a business is a big decision that can be hugely rewarding - a decision that only a small num... -
Why Buy a Laundromat
Why Buy a Laundromat
With a growing population and an increasing demand for convenient laundry services, buying a laundromat in New Zealand can be a great low-cost bus... -
7 Ways to Increase the Value of Your Business
7 Ways to Increase the Value of Your Business
Whether you're planning to sell your business or just want to build a stronger operation, understanding the key drivers of a business’s ... -
Selling a Business - When, How and to Whom
Selling a Business - When, How and to Whom
4 Considerations when selling your business It could be one of the biggest decisions you make – to sell your business. The good thing is, onc... -
Marketing a business for sale
Marketing a business for sale
If one of your objectives is to get your best price, then you need to consider who your likely buyer may be and have marketing strategies to target t... -
Finding the Right Business Fit
Finding the Right Business Fit
When buying a business, the decision goes far beyond just selecting a company that is available for purchase. It’s about finding the right b... -
10 things to know before you buy a business
10 things to know before you buy a business
Before you take the plunge and buy a business it pays to get your thinking right, because the quality of your choices will play a large part in ... -
Work from home with a home based business for sale opportunity
Work from home with a home based business for sale opportunity
There are many ways to work from home and owning your own home based business for sale is a great option. Our work place and workday world is ch... -
Searching for the right business to buy
Searching for the right business to buy
So you want to be your own boss but you’re not sure where to start. Perhaps you have an idea or are still looking, waiting for that ideal busin... -
Why now is good for buying a business
Why now is good for buying a business
There's no hiding the fact that we live in challenging times. However, it's not all bad. Now might, in fact, be the very best time there is for buyi... -
Why Buying a Business is a Great Investment
Why Buying a Business is a Great Investment
Owning a business is a good investment. There is the potential to make a much higher return on your money and to spread your financial risk. You ... -
How to be Your Own Boss
How to be Your Own Boss
A great boss is hard to find. A great boss sets clear expectations, provides feedback, recognises a job well done and supports their staff to be t... -
12 questions to ask a business broker
12 questions to ask a business broker
You have made the decision to sell your business. Generally, using a business broker is a good idea - especially if you have limited time to work wit... -
10 ways to keep your business relevant
10 ways to keep your business relevant
Deliver what your customer needs To survive, every business needs to change and adapt to the current environment, meet the changing needs of their... -
Why Use a Business Broker to Sell Your Business
Why Use a Business Broker to Sell Your Business
Generally, using a business broker is a good idea - especially if you have limited time to work with potential buyers, are not easily contactable or ... -
How to create great ad images for better business sales results
How to create great ad images for better business sales results
Pictures tell stories ... and get more than twice the interest. Business Buyers like and react better to images - that's why image rich ads work so w... -
To sell your NZ business - advertise to target your business buyer
To sell your NZ business - advertise to target your business buyer
Would you advertise your NZ house on sale in the TV Guide or your car in the Realtor? Not many people would, and the very same principle applies when... -
Selling a business and getting a good price
Selling a business and getting a good price
At some stage you will decide on selling your business and want your best price. There are a number of factors that will influence your business's va... -
5 questions to ask before you sell your business
5 questions to ask before you sell your business
While the global pandemic has hurt the economy and disrupted many business economic, it has also generated a new group of buyers: ex-business manag... -
The difference between business profit and value
The difference between business profit and value
A successful business is one that is making a profit, paying the bills, and letting you live the life you desire, right? Wrong. A healthy profit ... -
Valuing a business for sale in New Zealand
Valuing a business for sale in New Zealand
What's your Business Worth? When you are planning to buy or sell a business how can you work out how much it is worth? There are many different wa... -
Your options when selling a business
Your options when selling a business
There are a variety of options when selling a business. After all, you want the best possible return and outcome for your business to hopefully maxim... -
What do business buyers want?
What do business buyers want?
If you are thinking of selling your business then it makes sense to present it in a way that will make it be more attractive to potential buyers, con... -
The 5 Key Variables when Selling a Business
The 5 Key Variables when Selling a Business
Selling a business can be a complex process that requires the careful consideration of multiple factors. Whether you are a seasoned entrepreneur or ... -
The 9 Steps to Selling a Business
The 9 Steps to Selling a Business
Global pandemics, geopolitical unrest and economic fallout have disrupted many businesses. Along with this, business sales have also been disru... -
Selling a business post lockdown
Selling a business post lockdown
You may be looking to sell your business. Perhaps it is time to retire or there is your health to consider. Or perhaps you are over-it and hav... -
Why a business succession plan is important
Why a business succession plan is important
Everyone leaves their business one day. And the earlier you start thinking about your exit, and planning for this, the more successful this move will... -
The importance of great business processes
The importance of great business processes
Great processes are key to a successful business. To draw on a golfing analogy, it doesn’t matter if the weather is on your side and you’v... -
Don’t Tell Anyone, But I’m Selling My Business
Don’t Tell Anyone, But I’m Selling My Business
“Iconic Cafe now in liquidation” …another business has slipped off the rocks. Another article reporting on the owners struggle an... -
How to List a Business for Sale and Sell
How to List a Business for Sale and Sell
It's not always possible, but it's a good idea to start thinking about the day you list your Business for Sale long before the day arrives. Being Bu... -
The business sales process
The business sales process
Selling a business takes time, energy and know-how. Thousands of businesses change hands every year with varying levels of success. To get the sale y... -
Who will buy your business?
Who will buy your business?
There are many reasons people buy a business. When considering selling your business it pays to spend some time identifying who is likely to buy your... -
7 Things to Consider Before Buying an Online Business
7 Things to Consider Before Buying an Online Business
The rise of e-commerce has created numerous opportunities for entrepreneurs looking to buy an online business. Whether you're a seasoned business ... -
6 Reasons Why to Buy an Existing Business
6 Reasons Why to Buy an Existing Business
Buying an existing business is always easier and safer than starting one from scratch. Statistically a large number of start-up businesses will fail... -
About buying a distribution business
About buying a distribution business
You have decided to buy a business - but what type best suits you? There are 4 main types: · Manufacturing · Distribution ·... -
Buying a cafe or restaurant
Buying a cafe or restaurant
So you can cook, deal with people and think you could run the cafe down the road better than the current owners - what next? More people are dini... -
Buying a hotel or motel for sale opportunity
Buying a hotel or motel for sale opportunity
Providing accommodation for a profit is a business that many of us have thought about and hundreds have followed through on. There is the attract... -
Why Buy a Franchise NZ Business
Why Buy a Franchise NZ Business
There are three major ways of getting into your own business. You could start the business from scratch, buy an existing business or enter into a fr... -
Researching franchise opportunities
Researching franchise opportunities
So you want to buy a franchise, but are not sure where to start? There are a multitude of franchise opportunities that look interesting and have p... -
Business visas - buying a New Zealand business
Business visas - buying a New Zealand business
New Zealand has been ranked as the number two country for ease of doing business, second only to Singapore (2008 World Bank survey). If you're look... -
New Zealand business migration and long term business visas
New Zealand business migration and long term business visas
New Zealand needs business migrants more than ever and people with overseas experience in self-employment can be a real asset to New Zealand. If yo... -
Lodges and Hotels for Sale
Lodges and Hotels for Sale
...and buying one! Hotels for Sale - owning a hotel is a popular way to buy a business in the hospitality industry. The industry attracts hundr... -
Better small business success
Better small business success
How to increase your chances of success When looking at a small businesses for sale NZ, there are some fundamental things that will increase... -
Finding the right franchise for sale opportunity
Finding the right franchise for sale opportunity
Buying a franchise is a very attractive way to get into business; providing a measure of security that starting or buying a business can’... -
What to know before you buy a trucking business
What to know before you buy a trucking business
Buying a Trucking Business Can Be Involved When buying a transport business there are a number of business models that you may be buying into.... -
How to measure a business's success before you buy it
How to measure a business's success before you buy it
What are the simple measures of business success? If you are looking to buy a business, you want to know it's on the right path, and that you can... -
5 mistakes to avoid when buying a business
5 mistakes to avoid when buying a business
Buying a business is a life changing decision and one you want to enter with your eyes wide open. Your life will change when it's your name above... -
Why Own a Business
Why Own a Business
From corporate minion to thriving business owner! There's no doubt giving up the security of a steady salary to own your own business is gutsy,... -
What Makes a Successful Small Business Owner
What Makes a Successful Small Business Owner
Ever think some businesses are just destined to succeed? Maybe they’ve got a great product or maybe they found a real niche and sales just t... -
The three Cs of life – choice, chance, change
The three Cs of life – choice, chance, change
"You must make a choice to take a chance or your life will never change". Although the quote comes from “unknown”, the person who said... -
Why You Should Be Your Own Boss
Why You Should Be Your Own Boss
Five great reasons why you should own a business Some people are born entrepreneurs. They are the ones who had lemonade stands as kids and who wer... -
Should I find a job or buy a business
Should I find a job or buy a business
Life is a journey that we all move through. We attend school and maybe go onto further studies. We form relationships, get a job and maybe ha... -
Buying a Cleaning Business
Buying a Cleaning Business
Cleaning businesses have been around forever and in today's modern economy there is always a business cleaning homes or businesses; be it cleaning ... -
What to Consider Before Purchasing a Service Station
What to Consider Before Purchasing a Service Station
Today’s service stations go well beyond just selling fuel, and usually offer a wide range of essential convenience store and automotive items,... -
Building business momentum
Building business momentum
Business Momentum – Build A Wave And Ride It! It’s a great feeling when business is good. Maybe you’ve had a small win, and that le... -
Business survival through adaptation
Business survival through adaptation
Evolve or dissolve – businesses need to adapt to survive, grow and one day be sold. Struggling businesses are hard to sell unless there is a ... -
How to future proof your business
How to future proof your business
Sticking to the status quo is a surefire way to drive your business into the ground. If what you are doing now is working well, it’s a pretty... -
Using accounts payable to your advantage
Using accounts payable to your advantage
Accounts Payable may seem like a ho-hum kind of subject, but it can be a minefield of mistakes. Opportunities to improve your cashflow and profi... -
Left Brain Right Brain - Financial Performance
Left Brain Right Brain - Financial Performance
Why 'left brain' and 'right brain' people need each other. It's sad to see Aussie icon Lisa Ho Designs go into Voluntary Administration. An ar... -
Cloud commerce for business
Cloud commerce for business
'Cloud' may not be the best word to choose for making business owners feel confident about a potential home for their precious data. It is just a wor... -
Six top financial tips for small business owners
Six top financial tips for small business owners
A business can’t survive on passion alone, which is why the death rate of small businesses in New Zealand is a national tragedy. Small ... -
The power of a great testimonial
The power of a great testimonial
No one wants to hear someone harp on about how great their own product or service is – it’s perceived as being either boastful or dising... -
Using trust to help you compete in business
Using trust to help you compete in business
Trust – it’s how small business can compete with big business, and win Let’s face it – it’s not an even playing field. Big bu... -
How to avoid small business burnout
How to avoid small business burnout
Do you think of your business as your baby? Does it occupy all your thoughts? Do you lose sleep over it? Do you find it hard to get away? If you ... -
Being present to plan the future
Being present to plan the future
In business we talk a lot about growth. If your business is growing then you’re doing well, right? Well it’s true that growth is a sign... -
Support New Zealand by buying locally
Support New Zealand by buying locally
COVID-19 is currently having a significant impact on the New Zealand economy and on small business. While the government has put measures in p... -
7 strategies for uncertain times in business
7 strategies for uncertain times in business
With the arrival of COVID-19 in New Zealand, we are experiencing challenging times in all spheres. With swings in global and local economies, changi... -
Why organistional culture is important
Why organistional culture is important
Organisational culture – more than just a business buzzword Every organisation has a culture. It’s the system of shared assumptions, va... -
Five financial figures every business owner needs to know
Five financial figures every business owner needs to know
Know your numbers for business success The five financial figures every business owner needs to know “Numbers are the highest degree of knowle... -
Cashflow forecasts and liquidity
Cashflow forecasts and liquidity
Cash Flow Forecasting - as the name suggests it is a projection of the flow of cash over a period of time, usually on a monthly basis and covers... -
Why KPIs are important for your business
Why KPIs are important for your business
Most small businesses have a business plan and a set of strategic goals. However, defining your goals and checking in once a year when you update... -
Discipline and execution for business success
Discipline and execution for business success
When running a business, discipline and execution are crucial to your success – and one definitely comes before the other. In order to execute... -
Making the most of small business downtime
Making the most of small business downtime
How to make the most of small business downtime As summer approaches and the weather gets warmer, many small business owners start to feel the pinch.... -
How to keep your business safe from cyber attacks
How to keep your business safe from cyber attacks
How to keep your business safe from cyber attacks Phew, we escaped the worst of the WannaCry cyber attack last month but was it a case of good luck... -
Do I need to register my business as a company?
Do I need to register my business as a company?
While the requirements to operate a company are relatively simple, people usually only incorporate a company to obtain a specific benefit when tradin... -
Cash flow financing or factoring finance for your business
Cash flow financing or factoring finance for your business
Understanding Cash flow Finance or Factoring Factoring and Discounting are two options businesses can use to improve their cash flow. Factoring is th... -
Financial year end checklist
Financial year end checklist
Your end of financial year checklist 31 March – it’s Ewan McGregor’s birthday, the anniversary of the official opening of The&nbs... -
Business finance - borrowing the money
Business finance - borrowing the money
How much can you borrow? The amount lent to any given person or organisation is usually limited by the collateral they can provide and their abili... -
How to boost your New Year retail sales
How to boost your New Year retail sales
Boosting sales after the Christmas rush Year on year, Christmas sales around the world steadily grow. We are spending more than ever and there are ... -
How to prioritise your social media efforts
How to prioritise your social media efforts
How to prioritise social media The evolution of social media has been swift. It’s gone from ‘something to experiment with’ to &l... -
Small business lessons from David and Goliath
Small business lessons from David and Goliath
If you don’t know the story, here’s a recap: David was a shepherd boy in Israel who offered to fight the giant Goliath when everyone e... -
Why competition is good for business
Why competition is good for business
Five reasons why competition is good for your business It may not always feel like it, but competition is actually good for business. Remember tha... -
The five-step fresh start
The five-step fresh start
Get ready for the five-step fresh start Feeling a little lacklustre as the New Year rolls in? Maybe it’s time to take stock, think about the fu... -
How to grow a tourism business
How to grow a tourism business
Clean, green New Zealand …the land of the long white cloud …100% pure NZ. Our reputation is strong around the globe and it bri... -
Managing change for small businesses
Managing change for small businesses
The importance of managing change for small businesses Don’t be afraid of change, they say. But the reality is, change is scary and it affect... -
5 common reasons why businesses can fail
5 common reasons why businesses can fail
Lessons to learn from business failure No one likes to fail. In business, there’s money, pride and even livelihoods on the line. However, as ... -
How to survive the holiday season and still come out on top
How to survive the holiday season and still come out on top
Surviving the holidays while owning a small business When the countdown to Christmas is on, most small business owners are more preoccupied about s... -
Get focused to increase the value of your business
Get focused to increase the value of your business
Reflect, recharge and refocus to increase the value of your business Taking time to reflect, recharge and refocus isn’t just good for your s... -
Recruitment tips for small businesses
Recruitment tips for small businesses
Good staff are the backbone of any business, small or large. Getting the right people can be time consuming, frustrating and sometimes fruitless, but... -
How to grow your new business
How to grow your new business
The success of your new business depends on your ability to keep it profitable. Stay in the black and your business will survive, but grow your busi... -
Why innovation is important for business
Why innovation is important for business
Small businesses and why innovation is important Small business owners have to be multitaskers. There’s an awful lot of skills they need in t... -
How to spring clean your business
How to spring clean your business
Does your business need a spring clean? Whether it’s overflowing filing cabinets or a build-up of dust behind them, every business could bene... -
Considering employment issues when buying a business
Considering employment issues when buying a business
Are you looking to buy a business? Have you stopped to think about whether you want to employ some or all the existing employees? Many new busin... -
How to structure a family owned business
How to structure a family owned business
Many businesses in New Zealand are family owned and managed. Some are large and financially very stable but the majority are mom and dad owned busine... -
3 tax considerations when purchasing a business
3 tax considerations when purchasing a business
As well as a lifestyle choice, the number one reason to purchase a business is the intention of making money. All too often buyers neglect to put any... -
What is a company?
What is a company?
When people decide to start or buy a business, they generally do so in one of three ways: as a sole trader, in partnership, or through a company. Apa... -
Cash flow 101 for small business owners
Cash flow 101 for small business owners
What is cash flow? Cash flow refers to the money you have coming into your business and the money going out. If you have more coming in than going ...