Fulfill your dream without a risk

All the help you need to become successful new business owner.

When you decide to buy a business, this Business Broker will find a good match for you and assist you with your due diligence which will help protect you from potential pitfalls.

Buy a Business in Auckland, New Zealand

Buy a business in New Zealand

Three major benefits that I will provide for you

Buy a business in Auckland NZ

1
Finding your perfect match

Finding a perfect match when buying a business can be daunting and time consuming. Knowing your wishes, professional past, work experience and business cultures you are familiar with, I will narrow the search. Using information you provide, adding my 20+ years experience, we will define strict parameters of my search for your future business.

Often I witness business purchases that ends poorly for the new owner. Not because there was some fraud, hidden costs or misinterpretation by the vendor. But because the business was bought without realistic evaluation of the future buyer’s capabilities and potential.

I will always bluntly tell you the way it is and help prevent you making potential mistakes.

2
Comprehensive and strict due diligence

Due diligence is the thorough investigation of all aspects of the business for sale. There are more than 50 things one should check before buying a particular business. You can find the list in the article “Buying a Business: Due Diligence Check List“. Be aware, that’s not all.

Based on my deep understanding of your wishes and capabilities, knowing possible pitfalls that could affect specifically you, I will go further. My goal is to check, not only the past and present of the business you will own, but also the future in regard to your personality, capabilities and goals.

3
Developing strategy for immediate future

My belief is that the Business Brokers job is not finished when you sign a contract. During the first and second step I will strategize with you for your immediate future.

Together, we will establish steps and time table that will help you during transition period.

If you decided to buy a business in Auckland, but you don’t know the culture, you will need all the help you can get. Especially if you have never been the owner of the business before.

I will help you develop the new mind set you will need as the leader, manager and decision maker.

There are simple and effective tools you can and should acquire in order to continue profitable business. I will show them to you.

Buy a business in Auckland, New Zealand - pros and cons

Pros and Cons of becoming a business owner by buying a business

Buy a business in Auckland pros and cons

First, New Zealand is the easiest country in the world to do business in, according to the 2020 World Bank Doing Business study.

There are few restrictions on establishing, owning and operating a business in New Zealand. In fact, by using the Government’s online portals, the process of reserving a name and incorporating your company can be completed in a matter of hours. 

Second important fact is that New Zealand is among countries least economically  effected by Covid financial crisis.

Thirdly, 97% of all firms in New Zealand are small businesses (up to 20 employees) based on the report of the Ministry of Business, Innovation and Employment, NZ. 

Those are pure economic facts. Much more important is generally accepted and proven fact that starting a new business is more difficult than buying a profitable one. The benefits of buying an existing business include:

Pros:

  • Small businesses are thriving in Auckland,
  • You don’t have to waste your energy on chasing buyers, suppliers, employees, etc.
  • There are much better chances to go up than down,
  • You can focus on further reduction of negativities, and building on all that is positive,
  • Your employees can be reliable advisers who already know their jobs,
  • You don’t have to build a brand from scratch,
  • If you have developed strategy for transitional period, you will enjoy further perceiving your new business and discovering possibilities.  

Cons:

  • If the business you bought is not a good match with yours personality and capabilities, you will be deeply disappointed,
  • if due diligence is not done correctly, from day one you will struggle to make your business profitable.

Conclusion: if you don’t rush to buy a business, and if you have an experienced Business Advisor to support you, the risk is much lower than if you start your own business.

Buy a business in Auckland New Zealand is a good decision !

Buying a business is a good decision!

Buy a business in Auckland is a good decision

Yes, your decision to buy a business is courageous and wise. You are entering a new world and, normally, you will have to deal with new problems. 

Fulfilling the mission of an organisation requires good planning and management skills. Every business, no matter how big or small, should have specific goals and a Strategic Plan to achieve it. Strategic Plans should be supported by Tactical Plans and good processes, to ensure the business operates efficiently and effectively.

​Successful businesses are based on 5 key pillars:

  1. Agreed Strategic business plan with a tactical and operation plan to achieve it,
  2. Loyal Human Resource,
  3. Positive (and preferably – innovative) Business Culture,
  4. Defined Business Processes,
  5. Technology to support the business (not the other way around).

No matter if I helped you to buy a business, or you are establishing a new business, if you need help to improve one of those 5 pillars, contact me, or…

There is a proverb: Complain to the one who can help you.
Source: https://proverbicals.com/help