Buying a bar is an idyllic dream for many. There is a romance in the images we conjure when thinking of spending our time surrounded by interesting characters and friends throughout our working hours. The reality, however, can be quite different. This is a job that will require long hours and commitment to working when […]
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3 Things That Might Surprise You About Owning a Farm
Owning your own farm and working outdoors has got to be the ultimate job for free spirits. Watching the seasons change, feeling the warm sun on your back, and spending your time close to Nature is all part of the wonderful farming bonus. But, as you’re sure to know, there’s more to farming than just […]
What Mistakes You Should Avoid When Selling a Business
Most entrepreneurs won’t ever get too many opportunities to sell a business. So you’ll surely agree it’s something you would want to do well. And to help you achieve just that aim, here’s a list of some common mistakes you should try to avoid when selling a small business. Lack of preparation All the evidence […]
Restaurant Industry Trends: What to Adopt and What to Not
Establishing and running a restaurant in the 21st century is not what it used to be. Even in the last decade, the industry has undergone tremendous change. Restaurant owners must be ready to adapt as their customers become increasingly knowledgeable, dine out more frequently and expect higher standards and a faster service. With a growing […]
What Costs Are Involved When Selling Your Business?
When planning to sell your business, it’s essential to understand that you will inevitably face certain expenses once the sale process gets under way. And it’s only by factoring in these additional costs that you can arrive at a true estimate of what your net profit from the exercise is likely to be. So, here’s […]
Why You Should Invest in a Hotel in 2019
The hotel industry can be a profitable business venture even for first-time investors! They can be a particularly attractive proposition in some specific market segments, like boutique hotels. If one of your goals for the new year is to explore potential business opportunities, now is a great time to consider the US hotel industry sector. […]
Why You Should Invest in a Hotel in 2019
The hotel industry can be a profitable business venture even for first-time investors! They can be a particularly attractive proposition in some specific market segments, like boutique hotels. If one of your goals for the new year is to explore potential business opportunities, now is a great time to consider the US hotel industry sector. […]
How to Catch the Attention of a Business Seller
The first step towards buying a business is reaching out to the seller. When this is a serious inquiry, you should be sure to pitch it in the right way. If you’re too casual, the vendor will suspect you could be a time-waster, and too intrusive and demanding could be labeled as being an arrogant […]
How to Test the Waters of Your Business
Diving into a new business venture is a daunting task. There are so many variables that, even though you have a great plan or amazing skills, there is still the chance that your business could fail. With all the hard work, effort and money that needs to go into starting a business, testing the waters […]
How to Build a New Customer Base
Customers make an essential part of the growth of any business as they play a large role in determining how fast it can expand. If you are aiming to grow your business, the idea is to keep on growing your customer base by attracting new clientele. Finding and keeping the existing customers is just a […]
