BizSale Small Business Blog. Small businesses for sale.

It is important for entrepreneurs to keep a vision of the bigger picture as they progress with growing a business they have bought or started up.

That’s not to say they need grand designs on hitting £100 million turnover after two years, rather having realistic goals and a plan to achieve those goals.

Think big, but start small and move like the wind when you need to.

Once you have a… Continue reading

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The British Beer and Pub Association recently revealed that 39 pubs a week are being closed down due to a steady fall in consumer spending and increases in beer tax.

Urban and suburban freehouses are falling the fastest compared to tied pub companies and big brewery pubs.

These pubs are being sold off for development. It is also relatively easy to get closures approved by local councils and to ignore… Continue reading

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From next April, small business owners of holiday homes will not be able to use their properties to offset losses made on their investment or defer capital gains tax payments.

Hidden in the small print of the Budget, and not actually mentioned in the Chancellor’s speech, the decision has outraged second home owners across the UK.

Ross Elder, managing director of holidaylettings.co.uk, said that the existing rules on offsetting losses… Continue reading

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If you have been suffering from cash flow problems during this credit crunch/recession then you may have tried to gain a loan from your bank under the Enterprise Finance Guarantee (EFG) scheme, which started in January.

Don’t worry if the bank manager rejected your request – he needs to adjust to the idea of providing loans to keep businesses ticking over, under the EFG scheme.

Where bank managers would normally be asked… Continue reading

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RBS are reportedly pondering on whether to put up 1000 of its pubs for sale, although they are refusing to comment publicly on the topic.

The pubs in question are all managed by Scottish & Newcastle Pub Enterprises. Word has it that RBS are scouting about for a cash-rich pub chain operator or property company. Scottish & Newscastle themselves are believed to be thinking about the purchase, although they… Continue reading

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Here are the advantages and disadvantages of the typical finance providers. This guide will help you to decide which options will suit you best when preparing to buy a business.
There are three types of finance for business buyers to choose from: loans, share capital and grants.

What follows is a summary of the core types of finance providers that business buyers use.

Banks - appropriate for small business buyers who… Continue reading

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In the uncertainty of today’s global economic climate, small and medium-sized companies may be concerned about the implications for their business. With some careful planning, a greater focus on cash flow, and more efficient communication with the bank, any business can avoid the possible negative effects of the credit crunch.

The following points from ACCA, and Robert Moore at Bizsale.co.uk, offers advise for small and medium business owners to conduct… Continue reading

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Seeking the right company to purchase is a very competitive process. Often, money is the most critical weapon a business buyer has to differentiate themselves from all the other business buyers, who have found the same business that is on the market.

When you find a business that ticks all the right boxes but initially exceeds your budget, you will have to be creative and resourceful before you can commit… Continue reading

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Following on from last week, here are the last stages to buying a business, based in part on James Halloran’s book “The McGraw-Hill 36-Hour Course on Entrepreneurship”.

6. Once you are satisfied with your assessment of the business, you will need to go through financial and legal particulars with the following people:

• An accountant to interpret financial information you have gathered from the business owner/seller.

• The mortgage holder or landlord in… Continue reading

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In this two-part blog, the first part to be posted today and the next the following week, are ten steps to assist you when buying a business, from James Halloran’s book “The McGraw-Hill 36-Hour Course on Entrepreneurship”. Here are the first five tips:

1. The business that you are interested in buying must align with your personal and financial objectives. Before looking for a business to buy, create a… Continue reading

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