Welcome to the articles page, curated by Harry Notaras, where you can delve into a treasure trove of insightful articles covering various topics related to finding, selling, and buying businesses.
As an expert in business brokering, Harry has shared his extensive knowledge and experience through these articles. Whether you’re a seasoned entrepreneur looking to expand your business empire, or a budding entrepreneur seeking guidance on how to get started, you’ll find plenty of valuable information here.
Our articles cover a range of topics, including market trends, industry insights, practical tips, and expert advice.
With Harry’s years of experience and his finger on the pulse of the business world, you can be assured of receiving top-notch advice and guidance on every aspect of buying and selling a business. So, grab a cup of coffee, sit back, and explore the fascinating world of business brokering through our collection of informative and engaging articles.
It is possible to spend a lot of money buying plant and equipment as part of establishing or running a business. With the sale of the business, it is the amount that you get over the value of those hard assets that represents a measure of the success of an enterprise. It is making the whole greater than the sum of its parts which is a mark of entrepreneurial talent.
For a buyer wanting to remove risk from the purchase of a business, it pays to have the seller keep 20% ownership of the business. The buyer is often willing to pay the full amount for this to occur. It makes sense if you equate the riskiness of a business with its value. By keeping the seller within the business, the Buyer gets the benefit of holding onto their experience and knowledge.
The share market is the place to find managed businesses. They sell at a multiple of earnings that are well into double figures and possess a level of liquidity that a small to medium business does not. They have people that do the work and people who direct them. Everyone gets paid. Profits count after they are all expensed.
Advice on whether a business broker should sell your business will depend on who is giving the advice. I am a business broker, so I think you should. The more people who follow that advice, the better for brokers like me.
Confidentiality is important in the sale of a business. It stops staff from seeking more secure employment if they believe uncomfortable changes will come their way.
Perhaps the most powerful engine ever discovered is the market with the most powerful invention being the price mechanism. Markets have been around since the dawn of civilisation. It may well have heralded civilisation.
A Small BusinessMany small businesses are a geographic entity. The physical location they occupy on the landscape becomes synonymous with what they offer. Your local coffee shop on the way to work.
There are generally three parties involved in the transaction of a business. This is especially so in a business that relies on its location for its trade. Examples of this are retail businesses such as cafes, restaurants, bars as well as businesses that customers are compelled to patronise because of characteristics such as convenience and attractiveness to name a few.
Creating your own business is a little like baking a cake. The outcome of your efforts will look very different to the sum of the individual parts you put in. It is this alchemy that is at the heart of starting a business and although it can be a very exciting time it can also hold many traps for the unprepared.
A business is a device that allows you to get you off the treadmill of selling your finite amount of time at an hourly rate and puts you in a circumstance where you can sell an endless supply of other stuff including other people’s time time at an hourly rate.
Contact Harry Notaras at Hunting Business Sales and Valuation Services to arrange to have your business venture valued. Allow Harry to engage his high level of expertise and years of experience to gain a comprehensive valuation.
