Neil’s points on buying a business:
- Look beyond the present numbers
- Do you see yourself working in this business
- Does owning this business feel right
- Approach the review of the business with curiosity not judgement
- The costs are the costs ... if you keep the business in the same location you will have similar costs
- The seller has taken the business to a level they are comfortable with it is up to you as the buyer to take it to a different place
- Write a proper business plan before buying
- Do you have a good team of professional advisors
- Let us work with you on financing the business purchase... it’s not as easy as you think and we are experts at doing this...