How To Find A Business for Sale

Are you looking for a business for sale? If so, then you have probably heard all sorts of outrageous claims on-line. Claims such as: “make money without lifting a finger,” “no investment required,” and “make money while you sleep.” While it is true that some businesses can practically run by themselves, this is only achieved after a lot of time and effort has been put into developing a solid base for the company. Do not be fooled by the snake oil salesman that claim that you can have a successful business without putting any time, effort, and money into it. The good news is, though there are many scams and get rich quick schemes out there, there are also many legitimate businesses for sale. The great thing about having so many companies and individuals that have a business for sale, is that you have many choices and options. On the other side of the coin there is a seemingly insurmountable amount of research to get through in order to make the right decision. I can’t tell you exactly which company is right for you because of the simple fact that everyone is different, and what works for me might not work for you. I can however, give you some good insights into what to look for when looking at a business for sale.One more great thing about having so many different businesses for sale out there is that you no longer have to write a business plan, rent a building, find something to sell, and hope that you can gain a client base before you run out of money. While a brick and mortar business is still an incredibly viable option, it is also not the only option for someone who wants to work for themselves. I am referring, of course, to the realm of multi level marketing, and network marketing. These business plans have not only opened up business ownership to ordinary people, but they have made it possible for a person, with no real business knowledge or experience, to take the reigns of their own business and make their own future.So, the number one thing I run into when talking to perspective clients about a business for sale is that many people have been burned by various other “opportunities” and thus they have a bitter taste in their mouths about jumping into something new. So how can you tell between a scam and the real deal? I have set some common sense steps to analysing a new prospective company.1. Make sure that you have what it takes to run your own business, everyone has fantasies of telling their boss to take a hike, but the reality is that running your own business requires a large amount of time management skill, as well as a will to succeed and a work ethic to back it up.2. Money, every business costs money to get started, even if you are promoting affiliate links, unless you are a marketing prodigy you will more than likely be buying some sort of training material to figure out what you are doing. In my personal opinion, a good target number to look for when looking at a business for sale, is 500 dollars or less to get started.3. Product, if a company sells a product nobody wants to buy then how will you sell it? I know this sounds simple and shouldn’t even be mentioned because it is so basic, but it amazes me how many companies ask you to sell something that would be nearly impossible to move. The best kind of company to get involved with is one that either has a corner on a market, or is more advanced than the competition. Again, I know this sounds like it should be the first thing you think of, but it is easy to get caught up in the sales hype of a well crafted landing page.4. Compensation plan, how does the company reimburse its affiliates or representatives? there are many types of compensation plans, as well as many other people who are more qualified to talk about them, so I won’t go in-depth on this.5. Team, what kind of teamwork is present in the company? A good business for sale will stress to its reps just how important teamwork is, to put it simply, a network marketing company will either live or die by how well it fosters a support system within its team. This means that there should be an efficient way for them to train you, preferably a website that has training calls and videos for you to go through rather than sitting on the phone for hours listening to training.6. Public Opinion, how well is the company doing at maintaining its public relations? What is the first thing people do when they hear about something new that they are curious about? Most people these days Google it, that is why, if you’re trying to sell something to someone and they Google it to find reviews, if all they see is negative then it will be very hard to sell regardless of whether or not the product is incredible. With information so easy to come by on the internet these days a company has to spend a lot of time and effort in order to maintain their image or else they might as well pack up their stuff and close their doors. There are two ways I check this, one is to Google it, the second, is to check the company out at bbb.com. The Better Business Bureau is a great place to find information on a business for sale.7. How does the company operate? Many Network marketing companies today focus mainly on internet sales, they utilize social networking heavily for their sales, while others focus more on person to person sales. It is very important that you decide which one you are more comfortable with and make sure that is what the company you are looking at utilizes. If you are computer illiterate and don’t get along with technology at all then person to person might be best for you. I would strongly recommend that anyone that wants to get into network marketing goes with a company that is fully web integrated, believe it or not, there are a lot of companies that still prohibit or make it very difficult to market on-line. This is very important, if you get into a company and get trained in it only to realize that they only allow you to market in certain ways, it can be very hard to be successful.These are just some pointers to help separate the bad from the good, but at the end of the day it all boils down to you. Are you the kind of person who can take charge, schedule, plan, execute that plan, call leads, and most importantly, close a sale? This is the most important part of the whole process, because at the end of the day, your success relies about 75 percent on you and 25 percent on the company you represent.

Business Travel Tips For Home Based Business People

Business travel has actually increased considerably in the last decade. Even home based businesses may involve travel because small companies are now able to sell to markets all around the world as a direct result of the Internet.All this travel is putting an increasing strain on business travelers who often become stressed and fatigued at the constant need to be in another part of the world.Regular travelers tend to ensure that certain routines are carried out every time they travel as this reduces the possibility (and the cost) of wasted trips. Here are some handy business travel tips.LOST BAGGAGEWhen baggage goes missing it is irritating to say the least but for someone on a business trip it can be a whole lot more disastrous. So, wherever possible, pack as much as you can into your carry-on luggage. Having everything to hand means that your checked luggage get delayed you will still be able to meet with clients and get your work done while you wait for less essential stuff to get chased up by the airlines.HOW TO PACK FOR BUSINESS TRAVELWhen you do pack the main luggage, the clothes you won’t be carrying on as hand luggage, make sure to pack only what you need for this trip. In order to accomplish this, make do with a pair of casual shoes and a pair of business shoes only, and be sure to only bring enough work clothes to last you through the trip. All that is left once this is done is to include your toiletries and other business documentation.A way to save space and possibly take a smaller bag is to roll some of your clothing up — this takes less room and is a business travel tip well worth noting. Dark clothing is better if anything gets spilled on it, as it is harder to see stains on dark clothes. Of course if you are working to a tight schedule and the inevitable delay happens then you want to know you can attend a meeting at a moment’s notice and the way to freshen up is by using those hand and face wipes that come in travel packs.MOBILE PHONES AND OTHER ELECTRONICSAlthough most cell phones have very good standby and talk times now, you will need to make sure your phone and any other electronic equipment you take are fully re-charged before you leave home.These tips make sure that no matter what happens when you travel on business, you will be able to continue with your itinerary and those all-important business meetings. Business trips do not have to be boring and stressful if you apply the business travel tips in this article as they will allow you the opportunity to enjoy your free time even more.

Businesses For Sale – Common Pitfalls to Avoid

The ability of our economy to prevail through the recent economic hardship felt worldwide, not only relatively unscathed, but in a stronger position than nearly all modern western economies, highlights the real strength of business, entrepreneurial ability and innovation in New Zealand. The opportunities for those with entrepreneurial skills and the desire to drive one’s own destiny, businesses for sale in New Zealand provide the perfect medium to achieve these ends. However, ensuring the correct business is purchased which matches your budget, experience, skills and knowledge is essential. Many new businesses for sale in New Zealand fail within the first year of operation, but there are several key decisions that will ensure success.Firstly, the decision to purchase an established business comes with it an established customer base, turnover, goodwill, staff and history of trading. Secondly, utilising a reputable and trustworthy real estate agency who is experienced in the sale and purchase of businesses in New Zealand will ensure that you are able to peruse a diverse range of potential companies, with the guidance and advice of a professional to aid in the final and correct decision.Real estate agents will guide you through the common pitfalls to avoid when searching for businesses for sale in New Zealand. One of the key pitfalls is lack of preparation prior to making an offer. The best business decisions are based on timely and accurate information. Real estate agents will ensure you have all the correct documentation to base an informed decision, including financial data, employment contracts and staff details, property and lease details, along with any other information pertaining to the long term viability and profitability of the business. Furthermore, the decision to purchase a business should be made on the financial acumen of the business and not a personal desire or liking. Obviously the business must suit the lifestyle desired and skills brought to the business; but only when the proposition is feasible.The unwillingness to leverage professionals, such as real estate agents, is another key mistake. Professional business consultants representing leading real estate agencies in New Zealand thoroughly understand the marketplace, often with insider information pertaining to the number and quality of businesses that are soon to be listed in the marketplace. Additionally, with their knowledge of available businesses for sale in New Zealand, they are able to provide a measure of comparative shopping, where the pros and cons of numerous enterprises can be assessed and evaluated to ensure that the business purchased is the best fit for you which will realise your dreams.