8. The Business Under a Microscope 3

Discover the amount of money that the business owes and use the accounts (cash flow forecasts) to provide an answer to whether these can be paid back, more importantly, on time..........

9. The Business Under a Microscope 4

If the business has any suppliers, you will need to analyze them to find out if they are the best available to the business. This will cover looking at the prices they charge and their credit policy.............

10.The Business Under a Microscope 5

There are many issues involving insurance within every business. Here are some of the most common Insurance terms explained:...........

11.Valuing a Business 1

Arguably, a business is worth what-ever someone is willing to pay and therefore will vary from person to person.......

12.Valuing a Business 2

Different methods are also used depending on the size of the business and so we have stuck to the main ones that are generally used to valuing Small Medium Enterprises - ‘SME’........

13.Valuing a Business 3

For a return on investment value, we are assuming that no fixed price has been given for the business and therefore you will use the net profit and your proposed return on investment percentage to determine a price........

14.Valuing a Business 4

This area is very subjective and there will be a variation in people’s attitudes and opinions for the figures involved.

15.Negotiation and Closing the Deal 1

After going through all the processes of finding, researching and valuing a business, you are finally left with the negotiations to complete the deal. All those things that are involved in buying a business share equal importance and the negotiations have no exception.......

16.Negotiation and Closing the Deal 2

As stated above, when negotiating a deal, you should ask the seller to put any other interested parties on hold and that they give you their full attention in trying to make an agreement.........

17.Buying a Franchise 1

Franchising is about cutting YOUR risks when deciding to run your own business, by jumping on the band-wagon of a proven business enterprise and name:.....

18.Buying a Franchise 2

The franchisor will have a plan that shows the maximum franchises an area will have: numbers will reflect the number of businesses and/or homes in any given area. London may have 50 franchises, Leeds 15, but a small town could only support one.....

19.Buying a Franchise 3

The franchisor should have a planned launch campaign that has been used in similar circumstances and has proved to be successful.....

20.Buying a Franchise 4

The following will give you an idea of what is included in the documents and what they will inform you about. If anything is missing or if you identify areas of concern, contact the franchisor to discuss and solve the issue......