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Archive for 13/12/2011

Opportunities from the Downturn

Whilst companies are trying to reduce costs in the gloom there aim is helped by a growing market for flexible support services.

It might be a specific project or just that they can’t afford to take anyone on fulltime. The opportunity is to tap in to experience that’s out there and don’t be worried about geography - technology now allows people to supply their services to anywhere in the World.

Want To Get Out?

Whilst the selling of large companies is severely affected by the financial markets, sale of smaller businesses are not.

The owner driver, entrepreneur, may have children but they’re probably reluctant to take the reins of the business. This leaves the owner with a potential millstone round his or her neck. Normally their desire is not to make lots of money more they just want to make enough money every year to pay themselves a decent salary.

Selling is an option but like a lot of things it’s a numbers game, it’s all about letting people know about the business. Some entrepreneurs don’t realise how good their businesses are. If you are considering selling your business then we would recommend using an agent. Let them know about your business the accounts don’t tell the full story.

Don’t forget buying an established business is usually easier than starting one from scratch.

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