Tag Archive for Buying and selling

Only animal lovers need apply: running a pet shop

The entrepreneur Hannah James, owner of The Pet Shed, a small but thriving pet shop in Brighton. Previous career Hannah worked for the NHS as a cost accountant for 23 years. How to run a pet shop The catalyst for change Hannah always loved animals and had many pets over the years – everything from
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How I became a florist

The entrepreneur Alys is the owner of Blomst, a flower shop in Walthamstow, London. Previous career Alys trained as a buyer or procurement professional – a career with very long hours. How to be a florist The catalyst for change She always loved her job as a buyer, but wanted something different and felt that
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Post-work pints: Transferrable skills for running a pub

Aspiring publicans often have very particular ideas about the ideal pub they would wish to run – perhaps a warm, welcoming hostelry where you pull pints and pass time with locals who are not just customers but friends too. Or maybe you have your eye on a trendy city centre establishment with live music, a
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How to run a children’s shoe-fitting service

The entrepreneur Sam runs CeeCee & Me, a mobile shoe-fitting service for children. Previous career Sam worked in the City in financial PR for many years but wanted to spend more time at home as her job involved very long hours. After the birth of her second child she decided to stop the juggling act
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Three small businesses you can start on a shoestring

It’s often said that everyone has a book inside them – but how about a small business? Many of us have talents that are going to waste as we plod on with the 9-5. The thought that these skills or passions could be channelled into small business ideas of our own perhaps rarely crosses our minds.
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Why ‘info-commerce’ may be the saviour of the high street

As the march of the internet economy gathers pace, it’s all too easy to forget that e-commerce still only accounts for a tiny fraction of overall retail sales today. The reality is that even in that most mature and innovative of markets, the US, where total retail sales are predicted to touch $5 trillion in
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Four reasons why small businesses need to invest in the subscription economy

The rise of the subscription economy has caused a shift in traditional business models. Four in five people now have at least one subscription service, but there are still many small businesses that are not aware of the subscription economy… and why they should care? A subscription-based business model allows customers to have a continuous
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How to succeed as a family business

However, another less cheerful fact is that few these days are passed on to the second generation, which suggests that familial bonds are alone usually not enough to persuade sons and daughters to keep the business going when their parents retire. Here are some of the biggest challenges a typical family enterprise must negotiate and
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Key steps to getting the best deal for a business

Preparing to sell a business can be a lengthy and complex process. The mass of regulatory and legal hoops which owners must overcome make them susceptible to mistakes which can, at best, negatively impact the valuation or, at worst, result in an aborted sales process. Through proper preparation and careful planning, business owners can avoid
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How social media can help you sell your business

Social media is a veritable treasure trove of data-driven insight if you’re conducting due diligence on a business for sale – both quantitatively (number of followers, likes and so on) and qualitatively (the quality and positivity of interactions). Because social media interactions exist in the public domain, they are there for all to see. Misjudge
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