Australia has some great Business Opportunities! Whether you are in Australia or located any where else in the world, there are many different profitable business opportunities to choose from. Continue reading “Buying Small Business Opportunities In Australia” »
Buying Small Business Opportunities In Australia
Are Child Care Centres Profitable?
To succeed in running a child care centre in any part of the country, you will want to learn as much about them as you possibly can before you proceed any further. You can begin by contacting the appropriate regulatory agencies for the information you need and the forms that must be completed.
Be sure that the property you purchase is suitable for use as a centre. Safety locks and child-proof gates are usually required by licensing agencies, and outdoor play areas must be hazard-free as well. You will also be presented with a list of fire-safety standards that must be met, and you will discover that they are generally matters of good judgment and common sense. Continue reading “Are Child Care Centres Profitable?” »
What is Involved Running a Laundromat?
For the past 60 years, coin operated laundromats have proven to be recession-proof businesses because the industry has come virtually unscathed through even the worst economic times. This is not surprising, because clean clothing is considered to be one of the basic necessities of life, along with food and shelter.
If you visit some local laundromats and speak to the owners, they are sure to verify that their business is doing well, and that while it may slack off at times, they have never really experienced a major reduction in their profits. Continue reading “What is Involved Running a Laundromat?” »
How to Choose an Australian Business for Sale
In general, there is less risk involved in buying an established business than there is in creating your own start-up venture. If the business is doing well, that is good indicator of its future success, and finance will also be less difficult to obtain.
Two possible disadvantages are an undesirable public image, due to actions (or non-action) on the part of the previous owner, and over-estimating the value of the venture’s “goodwill,” which is an intangible asset. Continue reading “How to Choose an Australian Business for Sale” »
What Type of Business Loans Does Your Business Need?
As a business owner you will find that at various times you need more than one kind of financing. In every case, try to match the life of the asset you buy with the length of the loan when you apply. This will ensure that the earnings generated will allow the asset to pay for itself.
In addition, consider whether the minimum loan amount you qualify for will be enough to meet your needs, and whether the loan’s overall cost and the interest rate are both cost-effective. Continue reading “What Type of Business Loans Does Your Business Need?” »