Buyers Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on buying a business
Franchises Under R500 000 in South Africa
Franchising isn’t always the cheapest way to start a business, but luckily there is a growing number of franchising options in South Africa that don’t break the bank. Franchising is easily one of the safest ways to start a business as you already start with a reputable brand name and access to loyal customers.
Car Wash for Sale
Have you been on the lookout for car washes on sale in South Africa? Look no further because Business for Sale has got you covered. With a full listing of business opportunities, business broking tools, valuations, knowledge sharing, and services, Business for Sale is the portal of choice for entrepreneurs.
What Factors to Consider Before Starting a Franchise?
Starting a franchise is the answer to being a business owner without having to start from scratch. To begin your business, you simply follow the franchise business model and utilise the already existing brand equity. Doesn't it sound brilliant?
What to Consider Before Buying a Franchise
Buying a franchise can either be the best financial investment you ever make or the worst. Therefore, it’s crucial to do your research and have the facts before investing. In theory, a franchise is a perfect way for up-and-coming entrepreneurs to have a successful business, without having to build one from scratch. Successful franchises usually already have a business model that works and a loyal customer base.
Buying a Manufacturing Business for Sale
There are several good reasons why a manufacturer or an entrepreneur might be considering buying another manufacturing business. Acquiring a manufacturer can help you secure your supply chain or even allow you to bring product manufacturing in-house. As part of a diversification plan to develop into new markets, you can acquire a manufacturing company with a complementary or competing product to assist you in securing your customer base.
E-commerce Business for Sale: The Benefits
Whether you’re looking into buying an e-commerce business for sale because you’re passionate about building up a brand or whether you’re in it for the money, it’s still a good investment. Buying an online e-commerce business is a shortcut to entrepreneurial success compared to building your own business from the ground up. This article will discuss why buying an e-commerce business is better than building one and how much an e-commerce business will cost potential buyers.
What Are The Advantages Of Buying An Existing Business
What Are The Advantages Of Buying An Existing Business
The Transformative Power of Business Coaching: Unleashing Success and Growth
In today's competitive business landscape, entrepreneurs and professionals are constantly seeking new ways to enhance their performance, unlock their potential, and achieve remarkable success. This pursuit has led to the emergence and rapid growth of business coaching as a transformative tool for individuals and organizations. Business coaches serve as trusted partners who provide valuable guidance, support, and accountability, helping clients navigate challenges, refine strategies, and maximize their potential. In this article, we explore the benefits of being a business coach and the invaluable impact they have on their clients' personal and professional lives.
Why Purchasing a Franchise is Beneficial
If you are a first-time business owner or investor, you are probably debating what type of business you should be purchasing. Should you invest in an existing business, start a new business or purchase a franchise? Well, in our opinion, a franchise is the best option for a multitude of reasons. In this article, we will discuss why purchasing a franchise is beneficial.
Why Buying an Accommodation Business is a Good Investment
Buying an accommodation business can be a fantastic investment if you buy one in the right location and that already has a good reputation. It also helps that one can run a business from paradise! In this article, we will explain what an accommodation business is and explore the benefits it has to offer.
Buying a Business in 2023: A Year with a Difference
Buying a Business in 2023: A Year with a Difference
Searching for and Buying a Business Over the Holiday Season
Searching for and Buying a Business Over the Holiday Season
What You Need to Know as a First-Time Business Buyer
In this article, we will discuss what you need to know and consider when purchasing your first business.
What Time of Year is Best to Buy a Business?
If you are wondering what time of year is the best to buy a business; the answer is any time!
Franchises in South Africa: Profitability and Sellability
Franchises can also be a fantastic investment and are easy to sell should you want to cash out at any point.
KFC Franchise Cost in South Africa
In this article, we will discuss what one can expect from a KFC franchise in terms of the selling price as well as starting costs involved. We will also discuss what aspects influence an existing KFC’s price.
Franchisor and Franchisee Relationship: A Breakdown
The relationship between a franchisor and a franchisee is probably one of the most important aspects of succeeding with a franchise business. One can have a fantastic business plan and concept, but if the relationship is not strong and both parties do not invest time and effort into the relationship, it is more likely that the franchise will not be successful.
"Cheap" Franchises in South Africa
Finding affordable franchises in South Africa can be very easy, thanks to Business for Sale. We already know what the benefits of owning a franchise are, and so naturally, the next best step is to find a franchise that suits your budget. Cheap food franchises in South Africa can be a little tougher to come across, as food franchises tend to be pricier. However, there are other franchises that can be bought into! Most Affordable Franchises in South Africa There are different categories that make for brilliant, affordable franchise options.
Supermarket for Sale
Independent grocery stores may find it a challenge to make a profit. Grocery stores make their profit based on volumes of customers. The Covid-19 pandemic put some pressure on supermarkets when everyone panicked about necessities like toilet paper. Supermarkets had to keep up with the demand, but also struggled under the regulations that prevented the sale of other regular items. Luckily, South Africa’s strictest lockdown levels have abated, giving most South African businesses the opportunity to pick up from where they left off.
Liquor Store for Sale
Unlike many other products for sale, alcohol is one that is not seasonal. People consume alcohol all year round, and liquor sales have yet to drop due to external factors that would typically affect other industries. This makes it a reasonably safe bet to invest in, and become a part of.
Meet The Women That Can Do It All! Be Mothers, Business Coaches and Successful Entrepreneurs
Being an entrepreneur allows women to freely manage their own time and create a balance between family and work. ActionCOACH South Africa is offering women the amazing opportunity of running their own profitable and scalable Business Coaching practice. If you have a passion for business and for helping others, a track record of success and are looking for a way to utilize your skill set through a renewed breath of life, then business coaching might be for you! We offer the template into the market, resources, tools, support and professional training you need to succeed in business. Read our blog to find out Why Women Are Better Business Coaches.
Advantages and Disadvantages of Franchising
When considering starting a business, you’ll need to decide whether you want to start from scratch, or if you want to join into a franchise. This decision will depend on your goals and vision. While it can be exciting to begin a business independently, it could also pose a few risks. A franchise brings with it a host of benefits that can’t be found when you’re on your own. We’ve done a little homework for you so that you can make an informed decision about which option is best for you. Take a look below at our lists of advantages and disadvantages of franchising:
Salon Business for Sale
The beauty industry is ever-popular in South Africa, and a great choice for buyers to delve into when looking into buying an existing business. Even after the decimating effects of COVID-19 on the economy, the beauty industry is standing strong, as people prioritise self-care. There are factors to keep in mind to ensure that you develop a successful business plan, before you invest in a salon for sale.
Finance to Buy a Business
Choosing an existing business for sale is the easy part; by the time you’re considering buying a business, you already have an idea of which industry it will be in, its size, type, and all of the other particulars. The more complicated part is when it comes to applying for finance to buy a business. Very few people have the capital to use cash to buy the business, so it’s important to understand the ways and means of borrowing money and still making those dreams come true!
E-commerce Business for Sale: The Benefits
For the modern-day consumer, convenience is key. If something can be done faster and more effectively with minimal effort, that would be the option that the majority of consumers will choose. Having an e-commerce business means that your consumers can explore your product offering from wherever they are, whether at the office in between tasks or on their couch in their slippers. They don’t have to go to a store to pick and choose, stand in queues, and worry about pandemics.
Filling Station for Sale: How to Make the Right Choice
When purchasing a CORO site, you’ll need to scrutinise the terms and conditions in place. It’s imperative to know whether the lease will be renewed by the oil company, or if the responsibility will fall on you as the buyer. This will need to be discussed and agreed upon before the purchase is made. In order to receive a suitable return on investment, the buyer should plan to operate the petrol station for at least ten years.
Is Buying a Franchise a Good Idea?
A franchise survey conducted by Sanlam in 2019 indicated that the South Africa’s franchise industry contributes just under 14% to the country’s GDP. Looking into buying a franchise for sale in South Africa is certainly worth it. Additionally, many franchises have stood strong in the midst of the devastating effects of the Coronavirus on the economy. There are many benefits of buying a franchise that has become more and more apparent.
Checking the Numbers
Before taking over a business, one should always conduct a proper due diligence. In fact, it is advisable to make any offer of an acquisition of a small or medium business subject to the completion of your own investigation into the affairs of the business. There are many methods to verify the numbers of an existing business and one can also use the services of a professional accountant who specializes in this field.
Buying Your First Business
As an entrepreneur, you are always on the lookout for a new opportunity, or to compare your business with what is available in the market. There are lots of benefits to buying an existing business than starting one from scratch. If you are buying your first business or if you are a seasoned entrepreneur, consider the following when deciding your next venture.
Sellers Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling a business
Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale
We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early education sector, particularly in the realm of kindergartens, pre-primary schools, and early development centres. At Business for Sale, we recognise the immense value these establishments bring to communities and families. That's why we have the perfect solution to help you grow.
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
Empowering Franchisors: A Refined Approach for Exponential Sales Growth
6 Steps To Selling A Small Business In South Africa.
6 Steps To Selling A Small Business In South Africa.
10 Factors That Influence The Value Of Your Business
10 Factors That Influence The Value Of Your Business
How To Increase The Value Of Your Business When Selling
How To Increase The Value Of Your Business When Selling
The Importance of Business Valuation and How Business For Sale Can Assist.
The Importance of Business Valuation and How Business For Sale Can Assist.
Strategic Planning: Maximizing Profitability in Your Business
Strategic Planning: Maximizing Profitability in Your Business
How To Make Your Business Attractive To Buyers
How To Make Your Business Attractive To Buyers
Accurate Business Valuations for Accountants and Financial Planners
As a financial planner or accountant, accuracy is of the utmost importance in order to perform your job effectively. When it comes to clients with businesses, a business valuation is of great importance and can provide you with the information you need to accurately and effectively plan for your client's financial future. In this article, we will discuss the benefits that business valuations hold for accountants and financial planners, as well as explain how Business for Sale can help you.
Factors That Go Into Selling an Accommodation Business
There are a multitude of factors to take into consideration when selling any business, no matter the size. Selling an accommodation business is no different and will require your to prepare and plan effectively in order to get the best price possible. In this article, we will discuss when you should sell your accommodation business and how an accommodation business is valued.
Selling a Business in 2023 Has Never Been Easier
Selling a Business in 2023 Has Never Been Easier
List Your Business in December to Get More Views
If you are thinking of selling your business, then you shouldn't wait for the New Year to list your business on a business brokering platform.
Selling a Business Before Retirement
In this article, we will discuss whether or not selling a business in order to retire is a good idea and how to go about selling, should you wish to move on and live a simpler life.
What Time of the Year is the Best Time to Sell a Business?
In this article, we will provide you with guidelines on the best time of year to list your business for sale.
A Commercial Real Estate Platform: Choose Business for Sale
In this article, we will discuss the commercial real estate platform, Business for Sale, and how it can help you sell your listing with efficiency.
Commercial Property for Sale: How to Draw Attention
In this article, will discuss some strategies on how to ensure you find the perfect buyer for your commercial property and seal that deal!
Should I Sell My Business?
Most business owners reach a point where they ask themselves, “should I sell my business”? This is a perfectly reasonable question, and there are in fact many benefits that one can experience from selling the business you have built.
What is a Business Broker?
If you have been considering selling your business, the words business broker have surely popped up on your radar recently. But what is a business broker and why would you use one when trying to sell your business? A business broker is a person who helps people buy and sell small and medium enterprises. These agents each specialise in companies belonging to specific industries that they are well versed in, to assist their clients in achieving their objectives and ultimately, selling their business.
Checklist for Selling a Business
When you’ve decided it’s time to sell your business there are a few specific steps that need to be taken by every seller. These steps make up the perfect checklist for selling a business and if you miss one it might lead to you making big mistakes within the selling process. This article will discuss the different steps you need to take to sell your business. A checklist can be a lifesaver when selling a business, so let's take a look at what one should include.
How Fast Can I Sell My Business?
With Business for Sale, buying or selling a business has never been easier. We have the ideal tool for you if you are an entrepreneur or are selling a business on behalf of a client. So, if you were looking for a way to speed up the selling process, list it with Business for Sale today!
How to Sell a Business Quickly
If you're thinking, "I need to sell my business quickly," it's critical to list your business on the right platforms that can give you access to the perfect potential buyers. Business for Sale does just that! Our packages are designed to meet the needs of both entrepreneurs and professionals. Whether you're a business owner looking to sell your company or an agent looking to market various businesses to the right audience, our platform will help you. Visit Business for Sale today!
How to Sell a Franchise
Selling a franchise isn’t the easiest process to complete in the world. The major confusion comes in when a business owner needs to answer the question: “how to sell a franchise?” Deciding that it’s time to sell, and actually successfully selling are two completely different concepts. However, it's important to strike when the iron is hot and not to delay the process unnecessarily.
Your Guide to Selling a Business
Believe it or not, selling your business has never been easier. If you are a business owner trying to sell or someone selling a business on behalf of someone else, Business for Sale is the secret weapon you'll need. With our online broking platform, you can prepare market-related valuations of your business while emails, enquiries, and marketing activities are managed from a central point.
Business Valuation Calculators: All You Need to Know
It’s always important to know your worth! A business valuation is a process of estimating the economic value of a company; as this provides owners with an unbiased assessment of its worth. A business valuation is often performed when an owner wants to sell all or a portion of their business or franchise. A business valuation calculator assists buyers and sellers in determining an approximate estimate of the worth of their business. Two of the most typical business valuation methods start with either yearly sales or annual profits, which are then multiplied by an industry multiple.
How Do I Know if My Business is Ready to Franchise?
Franchising can be the perfect opportunity for business owners to expand their business. After all, it’s the franchisee’s responsibility to invest their own capital and therefore they will work hard to ensure that their investment is profitable.
How to Sell a Franchise Business: As a Franchisee
The decision to sell a franchise is a big one that should be planned and prepared for carefully. If you are a franchise owner currently, chances are you have put a lot of money, time, and effort into the business. It makes sense that with this investment, you want to get the best possible price when you sell. The trick is to use the right steps to ensure a successful sale and a favourable outcome!
Business Brokers: Traits for Success
Starting out as a business broker may seem daunting; there are many who have been in the business for countless years who have all the connections that those just starting out would truly benefit from. This is where new brokers need to pluck up the courage to speak to those with more experience, and perhaps even form relationships with financial professionals, accountants, attorneys, and other professionals related to the buying and selling game. The right connections will put the broker a step ahead.
How to Sell a Business without a Broker
There are many small business owners who successfully manage to sell their businesses without using a business broker. There are a few benefits of selling your business without unnecessary third parties – a major one being that the business owner can avoid the transactional fees or commission that the business broker will require from the sale.
Business Valuations: Benefits of Getting One
Accurate figures can help business owners determine the asking price and how much room there is for business negotiation. Potential buyers should not be chased away by unfair asking prices and negotiations that can’t be justified. Equipped with the right facts and figures, fair business negotiations can run a lot more smoothly.
How Do I Sell My Franchise?
Whether you’re a new franchisor, or one that has been around a few years, finding the right platform to sell on (when you’re ready to) can be tricky. Many business buyers are opting to buy a franchise rather than a standalone business, because of all the benefits and security of buying a franchise offers. Business for Sale provides an interactive online platform for those looking to buy and sell their businesses. Why would you use a business directory to sell your business? There are a few great reasons!
How to Negotiate the Sale of Your Business
Selling your business is a serious undertaking, and requires immense preparation and planning. Buyers want to ensure that they are getting the best possible price, while sellers are trying to achieve the same. The process that takes place between the two parties in order to settle on a figure is the negotiation. And there is a definite art to negotiating!
Selling a Business in a Depressed Market
When the market conditions are less than ideal (like now), you’ll probably be reluctant to sell your business. We have already provided useful tips for selling a distressed business, but selling a business in a depressed market is a whole different ballgame. There are many different ways that you can hook a serious buyer who will give you the best price, if you follow some basic best practices.
Distressed Business for Sale: Tips to Sell
COVID-19 has had a devastating effect on South African businesses, with many being shut down indefinitely. Even major companies like Ster Kinekor took a huge knock and have had to close their doors, or file for business rescue assistance. Many others are in treacherous waters and have become distressed businesses. But this doesn’t necessarily need to spell D-O-O-M. There are people who are specifically looking to buy distressed businesses. If you are a business in distress, there are tips that you can follow to sell your business, and you can do it conveniently online!
Can I Franchise my Business? – Ten Things to Consider
Many businesses get to a stage where they consider expansion, and franchising is one way of expanding a business footprint. There are many benefits to be had from franchising a business, including expansion with third party capital and the dedication of an owner manager that promotes the business for their own profit. Not all businesses have franchise potential. Any business owner considering franchising should ask themselves the following questions. Ideally, all these questions should have a positive answer.
What makes a great Business Coach?
A great ActionCOACH first and foremost has a passion for business, as well as a passion for helping others. All our successful coaches love business. They love the mechanics of business, how it works, finding ways to improve it, fixing broken pieces, breaking unhealthy old ways, learning about different types, creating new ways of doing things, and having fun in the process. For more info contact: Claudell van Eeden, claudellvaneeden@actioncoach.co.za
Common Mistakes to Avoid when Valuating an Online Business
Unlike other businesses, the online venture may not have any tangible assets such as property, machinery, or vehicles instead they will have Intelectual Property, websites, and systems. The company may also have an online presence and income generation as proof of its value. Your business needs to be listed at a realistic market-related price. The correct valuation is thus imperative to ensure that the online business is sold at the right price. Below are four common online business valuation mistakes to avoid.
Employees - The Cornerstone of any Business
Employees drive the goodwill of the business and in the case of a change in ownership represent continuity. One of the most important deciding factors for a buyer would always be: Does the staff know about the sale? Will the manager stay on in the business? How long have your staff been working for you? Taking over a business, the continuity of the staff is the most important factor, especially if the buyer is new to the industry they will be very dependent on your current staff compliment.
Getting It Right the First Time
Though there may be hundreds of businesses being advertised on websites “for sale”, at any given day there are only two types of businesses in the market: Those that don’t sell; and Those that sell.
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