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What Is a Franchise and How Does It Work?
What Is a Franchise and How Does It Work? 1024 576 Richard Willis

You may have already come across the word ‘franchise’ before. However, do you know what it really means? Franchising is a tremendous part of contemporary business, and it has allowed many entrepreneurs to build wide-reaching business networks. Curious to find out more? Let’s take a look at what a franchise is in more detail and…

What to Consider Before Teaming Up With a Partner
What to Consider Before Teaming Up With a Partner 1024 576 Richard Willis

So you’ve decided you may want to start a partnership business. And now you might be asking yourself: “What should I consider before teaming up with a partner?” The short answer – there are many things you need to think through when deciding to embark on this journey. What Is a Partnership? A partnership is…

What You Need To Know About Buying A Company In Bankruptcy
What You Need To Know About Buying A Company In Bankruptcy 1024 576 Richard Willis

The word ‘bankruptcy’ is something no one wants to hear when the conversation is about your business or a business you might be interested in purchasing. That said, bankruptcy can actually be a blessing in disguise for those looking to buy a business. It’s a great way to start a business without the hassle of…

Useful Tips for Making Your Business Profitable
Useful Tips for Making Your Business Profitable 1024 576 Richard Willis

As a business owner, you want to make your business profitable, without a doubt. After all, this is usually the main purpose of launching it in the first place. But you might be wondering how exactly you could make it happen and what the steps are. In this article, we will share some useful tips…

Top 5 Profitable Small Business Ideas in Australia for 2023
Top 5 Profitable Small Business Ideas in Australia for 2023 1024 576 Richard Willis

There are many profitable small business ideas that can generate a lot of revenue. However, not all small businesses are as profitable as you might think. What’s more, with so many ideas to pick from, it can be difficult to find what’s right for you. To help you out, we have listed some of the…

Top 3 Benefits of Running a Family Business
Top 3 Benefits of Running a Family Business 1024 576 Richard Willis

Family businesses have existed for many centuries, and they haven’t lost their popularity to this day. After all, running a family business can be incredibly rewarding. There is a sense of purpose, accomplishment and pride that goes into every decision. And let’s not forget – you get to work on your dream with your family’s…

The Benefits of Buying a Business in Australia
The Benefits of Buying a Business in Australia 1024 576 Richard Willis

Australia is a country with a lot of opportunities and, as such, there are plenty of people who want to buy a business in Australia. From time freedom to having control over your own earnings – there are plenty of great things to enjoy as a business owner. But why exactly do people love running…

Should You Buy an Existing Business?
Should You Buy an Existing Business? 1024 576 Richard Willis

It’s very common for people to want to buy a pre-existing company rather than start their own from scratch. It’s not surprising, as buying an existing business can be a fantastic opportunity for people who want to get into the business world. However, there are many things you should take into consideration before making your…

Key Considerations for Selling a Family Business
Key Considerations for Selling a Family Business 1024 576 Richard Willis

Running a family business can certainly be an exciting venture. But when it comes to selling it, the process can be a complicated one. The sale of the business can be executed in many ways, and there are many things you should consider before going ahead with it. So, if you’re thinking of selling your…

How To Negotiate a Deal When Selling a Business
How To Negotiate a Deal When Selling a Business 1024 576 Richard Willis

Negotiating a deal when selling a business is not as easy as it sounds. It’s not just about asking for the highest price and walking away with money in your pocket. There are many factors that need to be taken into account and key points that need to be negotiated in order to get the…