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Knowledge hub

The Knowledge hub is packed with articles and downloads that are a valuable resource when planning your next move. Read the latest advice and features from our business experts to get the answers you need.
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243 items found

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

The Legal Side of Buying a Business: What You Need to Know When buying a business, it is important to understand the legal considerations involved in the process. Failure to understand the legal requirements can lead to potential issues down the line and can even jeopardise the success of the business acquisition.
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  • Articles

Legal Matters to Consider When Buying a Business 

At LINK, we’re all about selling smarter so you can get the best value for your business. Our brokers are highly experienced, with several being experts in their chosen sector. We stay true to our values and keeping vendors informed from the outset is integral to that. So, if you’re thinking of selling your business, here’s a chronological glimpse at the 9 proven steps that you and your broker will take to ensure a smart sale.
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  • Articles

9 Proven Steps to Successfully Sell Your Business 

Taking over a business can be an exciting and challenging experience, but it is crucial to approach the process with a strategy in place to ensure a smooth transition. Here are some pointers to help you successfully take over a business: Understand the business: In order to successfully take over a business, you must first understand what it is you want in a business and if this particular business is the right fit for you. Research all current operations, products, services, and customers of the company. Study the market, industry, challenges, and opportunities that face the business.
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How To Succeed When You’re Taking Over A Business

If you’re considering selling your business, it’s important to start preparing early. There are many actions you can take to help your business attract the right buyer once it’s on the market. But there are also things you shouldn’t do if you’re planning to sell your business. LINK Chief Executive Officer, Bruce Cattell, identifies some common seller pitfalls. In putting your business on the market for sale, you are opening up the structure and performance of your company for buyers to view. Delivering clear and uncluttered view of your business is crucial in order to grab buyer attention and maximise your return come sale time.
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  • Articles

Common Mistakes People Make When Selling a Business

While the economic upheavals of the last two years are not about to recede into the distant past any time soon, the second quarter of 2022 brings with it tangible hints of normality, along with further evidence of a generational shift in the make-up of serious business investors. LINK Business Brokers Business Development Manager, Steven Matthews, says that with the country’s borders reopening and people traveling more freely once again, positivity about the future is being reflected in renewed transactional activity in the business sales market.
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Business Ownership one of the best ways to Build Equity

Experts will tell you that buying into a hospitality or accommodation business isn’t for the faint-hearted, but if you’re willing to put in the work and learn the details of the business, you can take advantage of a number of benefits other than profit or pay. Here’s a look at five...
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Five Reasons to buy a Motel or Management Rights

It's a holiday paradise. It's a place of fun and relaxation. It's Mount Maunganui.
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Management Rights in Mount Maunganui

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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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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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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