Buy That Business

For almost all businesses in the modern world, it is so important to avoid the headaches of technical issues and have access to quality IT systems. Whether that's managing website servers, making sure emails are working, or anywhere in between. Especially for small to medium size businesses without dedicated IT departments, where the person in charge of all technology and web services is likely just the owner. That's where outsourcing can come in handy. Joseph Marz from Managed IT Group joins the show to chat about his tips when it comes to handling technology in a business environment, and how IT specialists like himself can help businesses of any size stay on top of it all. If you'd like to learn more and contact Joseph, you can visit his website below. https://mitgroup.com.au/

Being able to get the finance you need is the most important step in making any investment. And if you're buying a business, it pays to work with specialist financiers who have a proven track record of getting deals together, rather than approaching the bank that looks after your home loan. Nathan Coad is a finance broker with NMC Finance, who are experts when it comes to financing a business purchase. In this episode, Nathan shares some tips with us and discusses the important things to look out for as a buyer.

Automating key parts of your business isn't just good practice, efficient processes also make it more attractive should you choose to sell down the track. There are so many ways to use automation to improve productivity and save you precious time, especially with the help of useful apps and tools. This week Ali is joined by Carl Learson from CRL Financial Services, who is an expert at helping business owners automate their systems and operations.

Buying a business is very different to buying a house, and really any other investment opportunity. It's very important to understand the key differences in the purchasing process if you are in the market to become a new business owner. Glenn Prunster from Finn Business Sales is here to help provide some expert tips on just that. Before you buy, what information is essential to know about the business? How does negotiation usually work? What is the best way to finance the business sale? Glenn answers all of that, and more in this guide. If you'd like to learn more and contact Glenn, you can visit his profile below. https://thefinngroup.com.au/finn-brokers/glenn-prunster/ You can also reach Ali Cain via email. ali@alexandracain.com

Taking over a business with an established management team in place means the new owner can spend their time focusing on developing the business. But it's important to understand both how the team operates, and how they work together with staff before deciding if the business is a good fit. In this episode, Steve Finn from Finn Business Sales looks at the pros and cons of buying a business under management and how it can be very beneficial to a new vendor. If you'd like to learn more and contact Steve, you can visit his profile below. https://thefinngroup.com.au/finn-brokers/steve-finn/ You can also reach Ali Cain via email. ali@alexandracain.com

There are huge advantages for vendors who choose to sell their business through a business broker. They give you guidance about potential acquirers, look after marketing to find that right buyer, carefully manage the deal with your best interests in mind, plus lots more. Today Luke Mansbridge from Finn Business Sales joins the show to breakdown the role of the broker in a sale, and give sellers important tips as they prepare to put their business on the market. If you'd like to learn more and contact Luke, you can visit his profile below. https://thefinngroup.com.au/finn-brokers/luke-mansbridge/ You can also reach Ali Cain via email. ali@alexandracain.com

People looking to open a business will often ask business brokers the best industries to look into. Well, the market for childcare businesses is red hot at the moment, with lots of buyers and sellers looking to transact. But there are some special considerations potential acquirers need to make before signing on the dotted line. Hayden Mollard from Finn Business Sales specialises in selling childcare businesses, among other things. On this episode, we discuss the strengths of the sector and go over plenty of inside tips that should help business owners and buyers alike. If you'd like to contact either Ali or Hayden, you can reach them via email! Ali Cain, ali@alexandracain.com Hayden Mollard, hayden.mollard@finnbusinesssales.com.au

How difficult really is it to sell a business? How long does it take to get on the market and find the right buyer? How does the business owner give themselves the best chance of success? These are the three most common questions vendors ask business brokers. Let's find out the answers, as we welcome Matthew Putna from Finn Business Sales back to the podcast. If you'd like to contact either Ali or Matthew, you can reach them via email! Ali Cain, ali@alexandracain.com Matthew Putna, matt.putna@thefinngroup.com.au

Buying into an established franchise system can be a great first foray into owning a business, and a significant commercial opportunity long-term. But it's important to understand how the system works and whether you're suited to running a franchise before making the investment. Tom Jolly from Finn Business Sales has a lot of experience buying and selling franchises. These businesses include some of the most famous company names in the world. If you'd like to contact either Ali or Tom, you can reach them via email! Ali Cain, ali@alexandracain.com Tom Jolly, tom.jolly@thefinngroup.com.au

If you are a business owner looking to sell your business, it's important to carefully consider the right strategy if you also own your premises. That way, you can make sure you maximise the sale price for the business and also the property. Michael Newham from Finn Business Sales joins the podcast to give us some tips on how every vendor can best determine and obtain that perfect price during a sale. If you'd like to contact either Ali or Michael, you can reach them via email! Ali Cain, ali@alexandracain.com Michael Newham, michael.newham@finnbusinesssales.com.au

In this episode, we're going to explore the differences in the way an accountant appraises a business versus the way a business broker does, and why it's important to understand the difference when you're preparing for a sale. To explain this, we welcome Ashley Brimacombe from Finn Business Sales. Ashley is an expert at helping business owners get the best possible result when selling their business. If you'd like to contact either Ali or Ashley, you can reach them via email! Ali Cain, ali@alexandracain.com Ashley Brimacombe, ashley.brimacombe@finnbusinesssales.com.au

Dean Demeyer from Finn Business Sales Tasmania joins Buy That Business. Located in beautiful Hobart, Dean says the Tasmanian market for business sales often runs counter to broader national trends. It is very common for people to move to the island state looking for a business to buy. This creates great opportunities for business owners thinking of selling and potential buyers - both local and all over Australia. If you'd like to contact either Ali or Dean, you can reach them via email! Ali Cain, ali@alexandracain.com Dean Demeyer, dean.demeyer@finnbusinesssales.com.au

It can be incredibly difficult for any business owner to sell their business. Especially when they haven't planned for it long-term or sought out professional help from a business broker. This episode, we're joined by Anne Barritt. Anne has a defined a process all vendors can follow and use as a guide when they sell a business, and she has generously agreed to share it step by step with us today. If you'd like to contact either Ali or Anne, you can reach them via email! Ali Cain, ali@alexandracain.com Anne Barritt, anne.barritt@finnbusinesssales.com.au

Let's face it, starting a business is relatively easy. But selling one takes time and consideration to make sure you get the best price and the sale runs smoothly. On today's episode, we're joined by Ian Aldridge from Finn Business Sales. If you want to sell your business, Ian's the man to talk to, having bought and sold scores of businesses over the years. If you'd like to contact either Ali or Ian, you can reach them via email! Ali Cain, ali@alexandracain.com Ian Aldridge, ian.aldridge@finnbusinesssales.com.au

Buying a business in a regional area has become increasingly popular over the past year as we've become more interested in everything rural regions have to offer. But it's important to understand what you're getting into before you sign off on your tree change business venture. This week, we're joined by Alan Wood from Finn Business Sales. Alan is an expert when it comes to buying and selling businesses in rural and regional areas, and he has plenty of insights and tips to share. If you'd like to contact either Ali or Alan, you can reach them via email! Ali Cain, ali@alexandracain.com Alan Wood, alan.wood@finnbusinesssales.com.au

It's been a wild ride for the hospitality sector over the past year. Most businesses were forced to shut down and only offer takeaway services through the pandemic. Now, things are mostly returning to normal. So what does that mean if you're thinking of buying a business in hospitality? This week, Matthew Putna from Finn Business Sales joins the show. One of his specialisations is selling hospitality businesses, so we talk to him all about buying and selling in the industry. If you'd like to contact either Ali or Matthew, you can reach them via email! Ali Cain, ali@alexandracain.com Matthew Putna, matt.putna@thefinngroup.com.au

Running your own business gives you a lot of freedom to create your own destiny. But it's important to buy a business that has a good chance of success. Today we're joined by Steve Finn from Finn Business Sales. Having sold scores of businesses over the years, Steve has some excellent insights into what makes a great business to purchase. If you'd like to contact either Ali or Steve, you can reach them via email! Ali Cain, ali@alexandracain.com Steve Finn, steve@thefinngroup.com.au

Buying a small business can deliver huge rewards over time. But before you take the plunge, it's important to understand the nature of owning a small business to make sure it's the right investment for you. We're fortunate to have Len Ferguson from Finn Business Sales with us today to help us understand what makes a good small business investment. Len has many years' experience buying and selling small businesses. If you'd like to contact either Ali or Len, you can reach them via email! Ali Cain, ali@alexandracain.com Len Ferguson, len@thefinngroup.com.au