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How to buy a business - Click To Read Article
Buying a business is undoubtedly one of the most daunting investment prospects you can possibly undertake - possibly even riskier than getting married! The safest and most cost-effective way to approach the actual purchase of a business is to look at it as a long process of elimination, involving a number of steps, like concentric rings, each reaching deeper towards the core. Each step should be taken only after successful completion of the previous step. The important thing is to allow sufficient time to complete each stage of the investigative process comprehensively.

Getting the best price for your business - Click To Read Article
The main thing to keep in mind when selling a business, is the same thing you need to keep in mind with whatever you are selling - what is the buyer looking for? You get nowhere when you focus on what you want from your buyer; but you can get what you want if you focus on what your buyer might want from you. The basic conundrum is that, here you are - you have a business, and you want to improve your position by converting it to cash. On the other hand, there is a prospective buyer, they have cash, and want to improve their position by converting it into a business - hopefully yours.

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About the Author


Rudy Weber
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Rudy Weber is an accountant, a licensed business broker and valuer. He is a founding Director and Licensee of Lloyds Business Brokers specialising in mid-market mergers, acquisitions and divestments. Having an investment banking, stock broking and manufacturing background as well as owning and managing a number of Companies in insurance and business broking, Rudy is uniquely placed to advise both corporate and private buyers/sellers in the achievement of their business goals. Commencing his career with The Reserve Bank of Australia whilst studying Accountancy and Economics at Sydney University, he gained valuable experience in their Investment Department,. He then joined a leading Stock Brokerage firstly as a trader then, Investment Advisor. Branching out on his own, Rudy formed an Insurance Brokerage Group, which, under his leadership became one of the largest independent Australian-owned brokerages, prior to being sold. Since 1984, Rudy has been a leading Business Intermediary, specialising in private mid-market acquisitions and divestments.
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