Posts Tagged ‘coaching’
Tax Consequences When You Sell Your Business
There is one person who has almost as big an interest in the sale of your business as you do – and that is the Tax Man. The decision to sell all or part of your business, and head towards retirement or other business challenges, is not an easy one. This is due to a…
Read MoreWho Do You Have in Your Team?
No one man is an island, and likewise, no successful business owner has ever succeeded on his or her own. Even the Lone Ranger had Tonto and Tarzan had Jane! Napoleon Hill in his famous book “Think and Grow Rich” may have been the first author to have documented the concept of a “mastermind team”.…
Read MoreBusiness buyers pay too much: survey
Source : CPA Australia Date issued: 15 January 2007 More than 80 per cent of potential buyers would have paid too much for a business if they hadn’t carried out financial due diligence, according to a new CPA Australia survey. And one in five respondents said that 70 per cent of their clients didn’t go…
Read More18 Great Leverage Points to Grow Your Business
Leverage Point 1 There are just 4 ways to grow any business Increase the number of customers of the type you want to have Increase the number of times customers come back Increase the average value of each sale Increase effectiveness of each process in the business Examples – Use a structured referral system to…
Read More9 Ideal Features in a Business
What do you look for when you want to buy or start a business?
Investors tend to select a business to invest in from emotional rather than rational criteria. For example, they might say “I can’t see my self doing …” or “There’s no way I would do …”.
Read MoreWhat’s a risky business? / How risky is your business?
How risky a business is, is very subjective as it ultimately depends a personal opinion of risk. What may be risky to me may not be risky to you. It all depends on an individual’s understanding of the business or industry they are venturing into. I know of a friend who has made a lot…
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