Experts

How can I secure new clients?

- November 1, 2017 2 MIN READ

Finding clients is a major challenge that all businesses face. This is not something you can put off – you need to know where to find new clients. In our case, the mind mapping exercise proved extremely beneficial in helping us to develop a variety of avenues to obtain new clients and we were able… Read more »

Experts

How does bankruptcy work?

- May 4, 2017 3 MIN READ

No-one ever wants go declare bankruptcy – particularly when you are running a small business. So, how does it work exactly?` When a person is in debt, they can be declared bankrupt. There are two ways this can happen: a person can declare themselves bankrupt or a person’s creditors can apply to court to have the… Read more »

Experts

Want to sell your small business?

- April 11, 2017 3 MIN READ

In order to sell your business at your desired price, you need to ensure your business is a well-oiled machine that can work without you. The purpose of this is not to go through every single aspect of selling your business, but to identify some of the major areas that help drive the price up… Read more »

Resources

Should I invest in a franchise?

- February 15, 2017 3 MIN READ

One option when starting a business is to purchase an existing business in the form of a franchise. Rather than starting up your own business and brand, you are purchasing an existing franchise. Usually, the franchise will have all of the aspects of the business already established, so when you buy a franchise you are… Read more »

Business Basics

Buying a property for your small business?

- February 3, 2017 3 MIN READ

There are number of important considerations that a property investor needs to think about before making a decision to purchase. The following is a list of nine standard elements of the transaction you must consider prior to entering into the contract to purchase a property: 1. Entity What entity or vehicle are you going to… Read more »

Business Basics

What to look out for in an investor

- January 30, 2017 3 MIN READ

When you accept an investor injecting money or expertise into your business, you usually surrender some control of your business in return for the investment. Depending on how your business is structured and the terms of the investment, the investor becomes a co-owner of your now joint business. Even the funds are in the form… Read more »