Knowledge hub

Purchasing a new company or selling your current one can be a complicated process. This is why many entrepreneurs benefit from using a business broker, such as LINK, to assist with negotiations until the sale is complete.

If you plan on selling your business, you'll need to consider more than what your lowest selling price might be. A lot goes into preparing a business for the market, which is why working with an experienced broker is often a good idea.

Most people don't like to dwell on it, but the truth is that you won't be around to handle your business forever. It might sound morbid, but in reality, the reason you leave your accommodation business behind could be a happy one.

Whether you own a small hotel or a corporate accommodation business with multiple locations, keeping up with the needs of a company isn't always easy. Cash flow needs and business-related debt rest squarely on your shoulders, even if the money doesn't technically flow from your own pocket,

Any business that serves food to the public utilizes a food control template to help ensure they’re meeting standards for food safety as outlined in the Food Act of 2014. The Food Act was introduced to ensure food sold throughout New Zealand is safe to consume.

Business values wax and wane, but there are some strategic steps you can take to increase value before a sale. It's rare that a business owner can substantially impact values enough to alter sales price if they don't start working months or even a year or more ahead, though.

In the business and finance world, there are two criteria that investors often use to evaluate a company’s worth. These are known as EBIT and EBITDA. They have important differences and are individually useful for calculating a firm’s operating profit.

Let’s face it, we all do at some time or another. What drives this? Well for 2017 it seems to be house prices and traffic jams to and from work each day; ultimately affecting our work life balance and family time.

When it comes to the sale of a business there are many factors that determine the monetary value of a company before it’s sold. These guidelines and values are used to help determine a fair selling price that makes sense for the current business owner, as well as provide an idea to the buyer o...

Vendor financing is an arrangement by which the vendor — the company or organisation providing a product or service — finances the provision of those things for you. This means that you don’t make a full payment up front and that you can receive and use the goods before you take ca...

Buying a business in any industry can be a good investment if you’re willing to work a bit for both stability and financial return. Some people think they can buy a business and let others run it, creating a passive income for themselves. While this isn’t an impossible dream, it’s ...

Equipment and machinery sound like industrial terms, but the truth is, you’ll find heavy machines in all types of business settings. In a manufacturing business, equipment is used on the factory floor to produce goods, along the travel paths to transport raw materials and in shipping and recei...