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Jan 25

I've just got off the phone...

Posted by Craig Weston at Wednesday, January 25, 2017

I’ve just got off the phone with one of our great clients.

They run a really good business and are looking to buy another totally unrelated business to the one they already have.

They ran some numbers and asked me to tell them what I think.

The numbers themselves looked quite good BUT when I took a closer look I could see that there were some key things missing. Things like missed overheads, missed variable costs, Kiwisaver etc.

I think with any business purchase it’s important to get a second opinion. Often as a buyer one can get too emotionally involved to see things objectively. 

They have agreed to let us prepare a simple but comprehensive plan for the new business.

I’m glad because I want them to do well and the plan will help to de risk the venture and give them solid information on which to base their purchase decision.

Craig

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