Some of us then decided to take the natural step and “just do it”. We would then proceed to dip into our savings, borrow money from friends and financial institutions, or perhaps sell some equities we are holding on to. And we merrily register a company and start working! The scenario sounds really familiar!

That was me! I sold off my home to raise capital for my ventures into fund management, music production and education. I registered the company and began working to build something I can call my own.

The thought never occurred to me that one can buy a business, instead of starting from the ground up. But coming to think of it, even if the thought did occur to me, my pride (and cash position?) would not allow me to do so. I want something to call my own!

And that is precisely why many of us will never consider buying a business. A matter of pride. Of course, there are other reasons.

• Staff Problems: We are inheriting staff that has never worked with us, that has been answering to someone else. Of course, those of us who are newly employed by a company or are posted to a new division also have the same problems. And how do we know we won’t get the same problem with staff we newly recruited?
• Hidden creditors and debts: This one is a potential trap to watch out for. Experienced business buyers know how to get over this one, like getting the seller to make a Statutory Declaration (which means you can be punished by law for declaring falsely), or co-signing or any number of tricks that a good business
  Socially Responsible Advertising
  Several advertisements lately are pushing social responsibility more than sales. Is it financially feasible for these companies to ask users to reduce usage of their products or just a slight aberration in their advertising game plan? Are companies using these prominently displayed advertisements on billboards merely as a way to increase their “brand” or do they want results that are directly proportionate to their spending?In the modern world, advertising has become a mode of communication rather than just a sales medium. T
  , borrow money from friends and financial institutions, or perhaps sell some equities we are holding on to. And we merrily register a company and start working! The scenario sounds really familiar!

  That was me! I sold off my home to raise capital for my ventures into fund management, music production and education. I registered the company and began working to build something I can call my own.

  The thought never occurred to me that one can buy a business, instead of starting from the ground up. But coming to think of it, even if the thought did occur to me, my pride (and cash position?) would not allow me to do so. I want something to call my own!

  And that is precisely why many of us will never consider buying a business. A matter of pride. Of course, there are other reasons.

  • Staff Problems: We are inheriting staff that has never worked with us, that has been answering to someone else. Of course, those of us who are newly employed by a company or are posted to a new division also have the same problems. And how do we know we won’t get the same problem with staff we newly recruited?
  • Hidden creditors and debts: This one is a potential trap to watch out for. Experienced business buyers know how to get over this one, like getting the seller to make a Statutory Declaration (which means you can be punished by law for declaring falsely), or co-signing or any number of tricks that a good busines
    How I Became A Radio DJ In Japan
    I'd been living in Japan for a few years after giving up my Police career as a Detective in Melbourne, Australia. I was fluent in Japanese and had done a number of TV programs here in Japan, when my future turned from TV to Radio.One day I bumped into a guy who I went to school with when I was an exchange student for one year here in Niigata, Japan. He'd gotten into the dating business and asked me if I would be the MC at the dating parties which are where guys and girls come together and exchange profiles and get to meet e
    ng to build something I can call my own.

    The thought never occurred to me that one can buy a business, instead of starting from the ground up. But coming to think of it, even if the thought did occur to me, my pride (and cash position?) would not allow me to do so. I want something to call my own!

    And that is precisely why many of us will never consider buying a business. A matter of pride. Of course, there are other reasons.

    • Staff Problems: We are inheriting staff that has never worked with us, that has been answering to someone else. Of course, those of us who are newly employed by a company or are posted to a new division also have the same problems. And how do we know we won’t get the same problem with staff we newly recruited?
    • Hidden creditors and debts: This one is a potential trap to watch out for. Experienced business buyers know how to get over this one, like getting the seller to make a Statutory Declaration (which means you can be punished by law for declaring falsely), or co-signing or any number of tricks that a good busines
      Agricultural Jobs - Changing Opportunities
      Agriculture has always been a very integral part in American history. The first settlers to come over to America needed to become good farmers in order to survive. The agriculture industry has grown by leaps and bounds since that time, and now the agricultural job market can be very rewarding. Many of the new agricultural jobs available these days deal with the new types of technology that are required to produce the crops that America demands. The days of a family working their land by hand and producing a small amount of crop
      ider buying a business. A matter of pride. Of course, there are other reasons.
      • Staff Problems: We are inheriting staff that has never worked with us, that has been answering to someone else. Of course, those of us who are newly employed by a company or are posted to a new division also have the same problems. And how do we know we won’t get the same problem with staff we newly recruited?
      • Hidden creditors and debts: This one is a potential trap to watch out for. Experienced business buyers know how to get over this one, like getting the seller to make a Statutory Declaration (which means you can be punished by law for declaring falsely), or co-signing or any number of tricks that a good busines
        Keeping The Spark Alive
        “Inspiration” is defined as a sudden intuition or light that gives a solution for a problem. Having an inspiration is always beneficial because it makes you look forward for the betterment of your career and for your life. The light of inspiration is always triggered by a spark inside each individual. It must be ignited to continuously motivate a person to take the necessary path, which is aligned to the person’s deepest interest and passion in life. Hence, each individual must protect the spark of inspiration from the distractions
        me problem with staff we newly recruited?
      • Hidden creditors and debts: This one is a potential trap to watch out for. Experienced business buyers know how to get over this one, like getting the seller to make a Statutory Declaration (which means you can be punished by law for declaring falsely), or co-signing or any number of tricks that a good business broker should be able to help you with.
      • Business Ill-will: Again, another problem. What if many suppliers refuse to work with the company, or many customers would never want to even hear of the name of the company again? Or some influential “terrorist” has been starting a hate campaign because of a faux pas in customer service by a staff in the past? But there again, a good business broker should be able to help you with that, to make sure you don’t walk blindly into a deal!
      Why then do people buy businesses instead of starting on a fresh slate? For the same reason how real estate investors can find gems where others cannot. Those who buy businesses are into businesses to earn money. Pride, for them, goes into a corner and is beaten into submission. What matters is the ROI (Returns on Investment).

      Look at the real estate investor. When he buys a house for investment purposes, he looks at the possible land uses (to see if the lot use can be changed), the amenities, the general rental of the area, the possible tenant mix and so on.

      The business buyer looks at the accounts to check cashflow situations. He wants to see if there are inefficiencies that he can work on to increase the value of the business. He looks at the possible staff interactions to see if he can work on this and increase the value of the business. He examines the goodwill and opportunities to see if it’s possible to do IPO or takeo