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223 items found

If you are researching buying or selling a business, here is a great place to start.  

When buying a motel, it's important to understand the business financials. Typically, these will be present in documents provided by the seller during the purchase process. The right documents let the buyer verify the financial health of the business and the various obligations that may come wit...
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  • Articles

Buying or Selling a Motel – What Information is Necessary?

A good business plan is vital for any business, and accommodation businesses are no different. In many cases, it can be difficult to know where to start, so here are some tips for creating a good accommodation business plan.
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  • Articles

Creating an Accommodation Business Plan

Rent is one of the biggest costs that motel operators might face, and it’s one that has gradually risen, even as service expectations are increasing and revenues are dropping. Most motel operators were originally told that gross income should divide into roughly three equal parts to cover rent...
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  • Articles

Reducing Rent and Motel Costs: Two Key Challenges

Selling a business often relies on accurate valuation, which depends on several factors and the main method of valuation that you use. Most forms take into account the earning potential of the business, the length of the lease, what else is included and the options for expansion.
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  • Articles

How Accommodation Businesses are Valued: Key Considerations

Selling your business is a big undertaking. You’ve spent many long hours, over months and years, building a successful enterprise. It’s important to be well-compensated for all the time, energy and effort you’ve put in, and that means it’s important to choose the right team t...
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  • Articles

Who should be on your Business Sales Team

The First-Time Café Buyer
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  • Articles

The First Time Cafe Buyer

Is Hospitality Right for Me?
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  • Articles

Is Hospitality Right for Me

So, do I buy a franchise café or an independent café?
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  • Articles

Do I Buy a Franchise Cafe or an Independent Cafe

Many people think that the answer to this question is obvious, however it’s not quite as simple and straight forward as some may perceive.
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  • Articles

Is Now a Crazy Time to be Considering Buying or Selling a Business

Survive then Thrive Aaron Toresen, CEO, LINK
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  • Articles

Survive Then Thrive

Selling your business will be one of the most significant decisions you make; it isn't easy, and that's why emotional preparation is critical. Many entrepreneurs overlook this aspect, but as with all steps in the sales process, proper preparation makes everything manageable.
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  • Articles

How to Emotionally Prepare for the Sale of Your Business

Statistics show that the accommodation industry is making twice as much money as it was 20 years ago. If you are planning on selling your accommodation business, take the time to prepare for the sale so you may leverage sector success and maximise the value of your property.
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  • Articles

Prepare Your Accommodation Business for Sale and Maximise Value

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