MAIN Amberglobe Blog

Recent Article in the Telegraph

2011-09-07T09:39:00.000-07:00

The perfect time to buy a business – if you can find the funds

http://jobs.telegraph.co.uk/career-article/620/the-perfect-time-to-buy-a-business-if-you-can-find-the-funds

Date: 07/09/2011

The businesses-for-sale marketplace is rich with promise for bargain hunters with enough capital to bypass the banks, according to leading professionals in business transfer.

Speaking to BusinessesForSale.com, agents also report that the dwindling number of businesses with healthy balance sheets are more in demand than ever as entrepreneurs seek reliable investments in a turbulent economic climate.

Providing they are patient – deals are increasingly tortuous, collapsing more frequently because of nervous buyers, sellers and banks – cash-rich buyers can capitalise on the desperation of some sellers to exit amid challenging trading conditions. Caution and the dearth of credit is inhibiting activity so buyers armed with ready cash have less competition for the best opportunities.

“Sellers will get the red carpet out for a buyer who can proceed,” says Michael Taylor, director of leading business transfer agency Everett Masson & Furby (EM&F). “It’s definitely a buyers’ market – especially if they have cash in their pocket.

“Cash buyers can act quickly – a major advantage in trading conditions arguably at their toughest since the 2008 financial crash. Some people are under pressure to get out, so if you offer an escape route then people will take it,” says Taylor. “Many people can only afford to buy a business subject to selling their property, which many are struggling to do.”

Nevertheless, according to one corporate finance expert, a buyer with enough liquidity to buy outright shouldn’t overlook the possibility of leveraging an acquisition. “It’s a fantastic market for buyers with cash because you’re getting an excellent return on your investment,” says Amberglobe managing director Rupert Cattell, who points to rising inflation as a golden opportunity. “You’re buying yourself a job, and it’s a good idea to gear it a bit because your debt is going down if you have inflation. As value of your investment rises your debt will fall.”

Healthy businesses are widely seen as a comparatively reliable investment given continuing volatility in other investment classes and rock-bottom interest rates. So although many buyers are apparently locked out of the marketplace, there is no shortage of interest in successful businesses.

“A quality property will sell,” insists Taylor – but only if “priced realistically”. Cattell says that a struggling business, by contrast, is incredibly difficult to sell, and that “many sellers are refusing to sell for less than a certain price.

“It’s very price-sensitive, so if you are overpriced you have no chance of selling your business.” He adds: “We’re also seeing buyers trying to gazunder, which is upsetting vendors.”

But three years on from the collapse of Lehman Brothers, Taylor senses that a dose of realism has finally been administered to the marketplace. “Business owners are starting to realise that if they want to sell their business, they have to be more realistic with their asking price. Buyers are looking for a bargain; they’re not going to overpay.”

The few buyers willing to meet optimistic asking prices are increasingly undermined by the banks. “Everything is getting a bank valuation,” says Cattell. “So even if you get an agreement at a fantastic price, it will get unpicked before the deal is done because the bank valuation will come in at the market rate.”

Vendor financing, where the seller agrees to effectively play the bank’s role and accept payment in instalments, is increasingly bridging the gap. “Vendors generally seem aware that they might have to leave something on the table themselves,” says Cattell, who sold a brokerage in 2007 before setting up Amberglobe. “They don’t generally want to – but they often have to.”

Where there’s a will, there often isn’t a way, bemoans Taylor, who worked in business banking before becoming a business transfer agent. “It’s taking forever to get a decision from the banks. It really is a long, hard slog getting a deal over the finishing line and the slightest wobble is causing deals to collapse. The number of deals which fail is still high.”

Adds Cattell: “Some banks are simply not lending at all. They’re simply shut – despite what they say.”

More than ever, patience is a virtue. “You need a sensible debt-to-equity ratio, a track record and a good business plan,” to persuade banks to part with funds, insists Cattell. “They will take a long time to make a decision and you need to do your homework before you put in an application.”

So which sectors are buoyant enough to reassure risk-averse banks? “Day nurseries are doing pretty well, kennels and catteries are solid,” says the former commercial lawyer.

He also cites manufacturing, recently held up as a solitary bright spot in an otherwise gloomy economic landscape, although recent figures suggest output levels have dipped. “Because many manufacturers have gone bust, there are fewer competitors to the firms that remain.”

Michael Taylor suggests unusual or novel niches are worthy of consideration. “We’re finding there isn’t much demand for what I would call the ‘oddball’ sectors. Everyone knows what a newsagent does, but people tend to shy away from businesses if they don’t understand them. You can pick up a good ‘oddball’ business for a realistic price and get your money back within a year.”

Internet-based businesses attract huge interest due to a compelling mix of affordability – you rarely need to buy premises – and soaring online spending – 19% higher over the first half of 2011 than the same period last year, even though the traditional high street is struggling. “We get a lot of interest in online retailers, which can be operated from home or industrial parks rather than in the city centre where you’ve got big rent and rates,” explains Taylor. “The secret is low overheads,”

Success stories
Taylor believes uniformly negative media coverage is obscuring success stories. “There are good business opportunities out there. The way the media reports it you’d think every business was going down the tubes, but there are some very good businesses out there” – often in the least expected of sectors.

“Take the village shop. Some of them are thriving because people won’t travel to the supermarkets because of the cost of fuel.” In 2008, with the financial crisis still unfolding, former M&S chairman Stuart Rose recalled sympathising with a village shopkeeper about how tough the recession was for small independents only to be told that the shopkeeper had never seen his shop so busy.

If the relentlessly bleak tone of economic analysis in the media has made buyers cautious, it hasn’t deterred them from showing an interest in businesses on the market. Rupert Cattell reports a relatively high volume of enquiries for businesses on Amberglobe’s books.

“There are lots of buyers around, but they are kissing a lot of frogs and taking a long time. Many are possibly dreamers, which could reflect the huge numbers of people worried about redundancy.”

Buyers and sellers alike, it seems, have every reason to believe they can find plenty of value in the current marketplace, even though so many are inhibited by fear and act with excessive caution. The challenge is to heed the tough environment, being particularly fastidious with valuations, due diligence and business plans, without letting bleak economic news deter you from seizing promising opportunities.

Says Cattell: “People are very cautious in the current climate and the media seems determined to kill any confidence in the market. One bad story about post offices, for example, and a buyer could pull out of a deal in the sector.

“But now is absolutely the time to buy a business, not in boom times. Fortunes can be made in bad times.”

August Vendor Report

2011-09-07T09:35:00.000-07:00

Now that summer(?!) is over I think we are in for a period of increasing volatility in the financial markets. This will obviously do nothing for consumer confidence and the attitude of the banks. However I guess that’s nothing really new as we have all been trudging through treacle for the last three years anyway and I think most businesses have adapted and got used to the changed market conditions.

Our levels of buyer enquiries have remained very consistent over the last three years. We keep a weekly record of all buyer enquiries and in fact the statistics show that we are getting a rising level of enquiries as a percentage of the number of businesses on our books. So buyer interest and demand remain strong.

That being said we are fighting in the trenches on just about every deal to make them happen. Banks are slow and cautious, lawyers are equally slow and landlords are just a nightmare. I know that many vendors probably think that agents do very little for their commission but if I can just say that we reckon that once we have obtained an offer for your business we still have at least 50% more work to do to get your deal over the line.

Because of the length of time that deals are taking to complete, tempers do get frayed and we see what is known in the sector as “deal fatigue” occurring. If I can just say that as a vendor you will need to dig very deep into your store of goodwill when you sell a business. You may well be driven to distraction with what you perceive are endless petty demands and changes requested by the purchaser, his bank or his solicitor. I have never met a vendor yet who didn’t start to get seriously hacked off by the demands of the deal. So if it happens to you please rest assured you are not alone! And if I can offer one small piece of advice it is just to keep your eye on the prize and focus on completing the sale of your business. In the weeks and months after completion all the many slights, demands and frustrations will fade away....but you will have your money and you will have sold your business.

2011-08-09T08:33:00.000-07:00

Much like the wider economy activity remains steady but nothing to write home about. We are continuing to see reasonable levels of buyer interest but we are also seeing continued if not greater caution on the parts of buyers and their lenders.

One recent trend that has emerged is the role that solicitors are playing in a sale...or should I say their lack of it! Because the legal market has tightened and become very competitive on price we are seeing that solicitors who have provided a fixed price quote for a sale or purchase are refusing to deviate from their quoted work, so that for example they will not follow up or chase a landlord for his/her consent to an assignment of lease. This is frankly very time-consuming and landlords and their solicitors are usually in absolutely no hurry whatsoever to do the work. This can have a massive effect on how long it takes for a sale to complete and we are seeing deals collapse purely because of this, which is very frustrating for our clients.

As I have mentioned previously we have set up a joint venture with a highly experienced solicitor who is consistently under-cutting other firms while still providing the type of service that you would expect. If you have not yet instructed a solicitor on your sale I would strongly urge you to get a quote from our solicitor....not only will you save yourself a great deal of money but you will also get a full legal service while considerably reducing the chances of your sale falling over. Her name is Naushad Rahman and she can be contacted at nr@amberglobe.co.uk

April Report

2011-05-10T05:54:00.000-07:00

The last month has been a particularly short one from a business perspective and a combination of Easter, fine weather and the royal wedding have reduced the number of working days in the month to something like ten with many people taking two weeks’ break from work.

There was an interesting article in last week’s Sunday Times about the spike in interest from buyers in properties with incomes. We have seen that activity too although the article went on to say that buyers were very focused on the profit figures and were not tempted to over-pay even in a competitive bid situation. I would completely agree with that analysis. If you are selling a freehold business then I do think that you need to look carefully at your asking price alongside your profit stream and ask yourself if that profit can support the size of mortgage required to buy your property. I or any of my colleagues at Amberglobe would be happy to discuss this with you.
I do get the strong feeling that the market is improving and that if the weather remains fine then consumer confidence will increase. This does not mean though that I foresee prices rising any time soon but rather that more buyers will enter the market, more transactions will happen and there will be more money sloshing around as a result of house sales freeing up.
I should also mention that there are noises being made in government that the rules about Energy Performance Certificates are about to be tightened up and that all commercial properties for sale or lease will be required to have EPCs in place before being marketed for sale. Frankly this is the last thing we all need and I do appreciate that having to pay for an EPC prior to a sale being agreed is particularly annoying. In anticipation of these changes we have negotiated a staggered payment system with a number of independent EPC providers who will accept payment over a number of months. This will hopefully significantly ease the cashflow burden on you and of course your EPCs will be valid for ten years. If you would like to discuss this or arrange for a quote then please contact us.

February Report

2011-03-04T10:45:00.001-08:00

Since my last report a couple of things have happened within Amberglobe:

The first is that we sold our first £2.5m+ business in 18 months. We have another £1m+ sale scheduled for next month. To me these are early signs of the market beginning to improve. A year ago such sized deals were pretty much impossible to get away but both deals had significant levels of debt being advanced by banks and I think they are signs of an improving market.

I should however say that this does not mean that values are improving but just that bigger deals are finally happening. Both of these bigger deals are being done at very realistic prices and both have involved a level of vendor finance being provided.

The second thing that has happened here is that we have appointed an in-house solicitor to provide exceptionally well-priced legal services to our vendor clients. For too long we have watched law firms muck up deals and provide a poor service to both buyers and sellers. By having an in-house solicitor handling our clients’ sales not only do I believe that our clients will be serviced efficiently and effectively but also at significantly better prices than can be obtained elsewhere. Our in-house solicitor is called Naushad Rahman and she has been practising law for over 13 years for both a large London firm and also on her own account, specialising in corporate finance and commercial law. If you would like to receive a quote for the legal work on your sale or indeed for any commercial law issue, then Naushad can be contacted on nr@amberglobe.co.uk or 0800 707 6370.

A Window on Business Sales

2011-02-16T07:56:00.000-08:00

I am very pleased to announce the recent sale on behalf of its clients of a Nottingham based aluminium windows and curtain walling manufacturer for an initial consideration of £2.3m.

This is our biggest deal since the banking crisis and I hope is a sign of recovering confidence in the business sales market. The transaction was a Management Buy-Out and Buy-In and was put together with a combination of bank debt and equity provided by both the incoming and the existing management. It has been a very long and drawn out process getting a bank to commit to the deal but we got there in the end. The deal really only happened because the vendors were prepared to take a sensible, realistic and helpful approach. I have to say that despite what is printed in the papers it is still incredibly difficult to raise debt on business purchases and until bank funding becomes easier the market conditions will remain tough. We are literally swamped with buyers looking for good well priced business all over the country and if the banks do honour their commitment to Project Merlin then I would hope that this deal will be the first of many!

January Report

2011-02-16T07:55:00.000-08:00

I am sure that like me you are keeping a weather eye on the property market and the economy in general. The papers have obviously decided to continue spreading the general doom and gloom from last year and are trumpeting how fragile is the economy and how we could fall back into recession. I have to say that this is not doing any of us any favours. Consumer confidence is a fragile thing at the best of times and at the moment people are holding back from making big decisions because they are scared.

And yet despite all that we are seeing plenty of buyer activity and in fact in January we recorded the highest level of buyer enquiries for 12 months. However buyers are definitely both very cautious and are also trying to be pretty cute. I have had a number of conversations with buyers who have said that they are going to wait and see if prices drop further before they make their move. This unfortunately becomes something of a self-fulfilling prophesy as prices move down to meet these buyers’ expectations and that has a domino effect across the board. What you don’t want to be then is holding expensive stock when all your competitors have reduced their prices.

To be frank I don’t see any likelihood of prices rising in the next 10 to 12 months. In fact I think prices will continue to drift downwards caused by a combination of distressed sellers, cautious and savvy buyers and a lack of first time home buyers preventing sellers further up the chain from being able to sell their houses.

We are also seeing Bank Valuers pricing in this expected fall in prices when they do their mortgage valuations. So even if a deal has been agreed, once the valuation has been done, the deal is having to be renegotiated.

Don’t forget however that if you’re seeing your asking price reduce, so too is the seller of the next property you want to buy. Consequently things tend to even out.

If your business has been on the market for a while now and you are not seeing much activity then I think that you should be talking to us about your asking price. Traditionally vendors price their businesses at some 10-20% above their expected sale price on the basis that they are expecting to be chipped. I think however the rules have changed and you should be pricing your business at what we think is the market price – that way you are likely to see more activity and more buyer interest. Then when you get an offer you can decide whether or not it is acceptable having regard to how much of a reduction you can negotiate off your next purchase.

Business Sale Checklist

2010-12-10T08:49:00.000-08:00

Many business sales are delayed unnecessarily or even fall over because of relatively minor problems occurring at the wrong time.

So as to ensure that you have removed all possible barriers to being able to successfully complete the sale of your business, please find below a check-list that I hope you will find useful:

1. Title deeds (Freehold) - If your business is a freehold subject to a mortgage then your Mortgagee will be holding the title deeds.
Do you know your Mortgagee’s details and your mortgage account number:

If your freehold is not subject to a mortgage, do you know the location of your title deeds.

2. Title deeds (Leasehold) - If your business is a leasehold then what is the location of your lease. Is it with your solicitors or your bank?

Do you know your Landlord’s details or their agent’s details?

3. Fixtures & Fittings
We suggest you make an Inventory/list of fixtures and fittings and/or plant & equipment included in the sale.

4. Apportionment of price
We recommend that you discuss with your Accountant the apportionment between goodwill, fixtures and fittings and property.

5. Stock
Check your approximate stock level carried.

6. Employees
You will be required to provide the purchaser with the full details of your employees.
We recommend that you put together a file containing their names, addresses, dates of birth, hours worked, rates of pay and lengths of service. You will also need to provide the purchaser with copies of employment contracts, disciplinary details, holiday entitlements, bonus details, pensions and life cover details. Again we recommend that you start putting together that information in a file if you have not already done so.

7. Third Party Contracts
You will be required to provide the purchaser with details of any service/supply contracts for the business, e.g. regular suppliers, maintenance contracts for alarms, lottery and Paypoint details, advertising contracts etc

Also, you will need to provide the purchaser with details of any other commitments that you have paid in advance and that you will want the buyer to repay on completion.

8. Permits & Licences
You will need to provide copies of any Licences, Permits or Authorisations that allow you to trade; e.g. premises licence, Ofsted, Post Office etc.

Have you procured a Commercial EPC (Energy Performance Certificate) for your business premises? If not, then we can provide a quote.

9. Planning Permission
Please check your Planning Approval(s). Do you have planning consent for your use of the building?

If you have at any time increased the size of your building or business, did you get the necessary planning consent for that increase? If you did not get consent then this will almost certainly delay completion and possibly cause the sale to fall apart, consequently we recommend that you ensure that you have all necessary consents.

Do you have Building Regulations consents for any works you have carried out? Do you have plans/details of such works?

10. Business name
Are you happy to let the purchaser use it?
Do you intend to keep working or setting up in the same business in the same area after the sale?
Obviously if you wish to keep working in the same area or if you wish to retain the business name then this is likely to affect a sale and the goodwill value.

11. Website
If your business has a website, usually a purchaser will be buying this as well.
Do you know who is hosting your website?
Do you know who owns the domain name(s)?
Are you under any contracts regarding the hosting or management of your website?

We recommend that you check to ensure that you can and know how to transfer the website to the purchaser. We strongly recommend that you do not wait until completion to do this as the process can take some considerable time.

As always if you have any questions about the sale of your business and/or the above check list, then please contact us on 0800 707 6370.
Many thanks
Kind regards
Rupert Cattell

August Market Report

2010-09-02T02:43:00.000-07:00

If people ask me how is the market I would call it “brittle”, it’s growing steadily and there are significantly more deals being done by us than 12 months ago but all that being said you get the feeling that one hard knock could send things back to where they were. Probably like you, I pore over the papers looking for encouraging signs of economic recovery, but the problem is that you read all these contradictory reports. My pet theory is that there are so many hedge funds out there betting on falls in the market who are putting out bad news as a way to fuel the unease and cause the market to fall, that the whole thing becomes a self fulfilling prophesy.

I certainly hope that George Osborne has got it right and isn’t going to take all the air out of the balloon with his Budget cuts in October!

The banks are behaving a bit better although the people on their credit committees are still in charge and are being very careful with the deals they approve. I heard a story the other day that one member of a bank’s credit committee had told a business broker that he didn’t trust his commercial managers to lend sensibly, which was a pretty startling revelation.

The latest news is that house prices have now been falling for three months in a row and there are going to be significant further falls in the housing market. Frankly I don’t see that. Have you heard of dramatically cut house prices in your area and people snapping up bargains? No, nor have I. What I have seen is over-priced houses being sold at what were always the right prices for those properties in the first place. In other words what we are seeing is the housing market performing sensibly with houses being sold for what they are worth. Interest rates are at an all time low and many highly geared owners in negative equity have been able to hold onto their houses so long as they are still employed. In fact house owners with a small mortgage and a steady income are in pretty good shape right now with their mortgage interest payments accounting for only a small percentage of their household income. Property prices are now back at the same levels they were in 2007 which means that they have already fallen some 20-30% in real terms. But, by the same token, I don't see property prices rising either and that's because banks will stay cautious with their lending and property in the UK is expensive and still unaffordable to first time buyers. In the current market houses are and will take longer to shift because buyers cannot borrow as much as they had initially hoped, so if you have a vendor who won’t lower his price and a purchaser who cannot raise his offer, you have a property that will stick on the market. The only way to break that deadlock is for vendors to accept that they are unlikely to get the price they want.

This is also true in the business sales market although there are one or two crucial differences: (1) house buyers can wait until they get what they want while business buyers need to buy because the longer they wait the more they eat into their capital/savings which reduces their buying power; and (2) business buyers are less emotional than house buyers, fundamentally they are buying an income stream so if they can’t buy one business at the right price, they will move onto the next one.

We continue to hear stories of vendors being told by agents that their properties are worth absurd prices. Frankly I am always amazed that these vendors can be taken in by such nonsense when surely every bone in their bodies must be screaming that it must be too good to be true. Business buyers are sensible people and they very seldom over-pay; there are too many checks and balances in place nowadays for that to happen, from their accountants and bank managers giving them advice through to their having looked at 5-10 other similar businesses before they see yours; and then there is the bank valuation - almost every business purchase is subject to one.

Traditionally July and August are quiet months when many buyers are away, however we noticed that activity over the last two months went in waves with periods of pandemonium followed by days of calm. I think this was a reflection of people spreading their holidays across the two months, rather than taking them in one block.

If you would like to discuss any aspect of the sale of your business with us then please do not hesitate to contact us on 0800 707 6370.

DON’T START A BUSINESS – BUY A BUSINESS

2010-08-04T07:18:00.000-07:00

Yesterday’s announcement that HSBC has this year loaned money to 65,000 new business start-ups struck me as a bizarre statistic.

Why would you start a business with all the inherent risks, lack of customers and no cashflow when for probably less money you can buy a business with a track record, customers, a proven business model and, most crucially of all, cashflow from day one?

I have started 5 businesses in my life and frankly, if I had my time over again I think I would rather buy a business. The thing that people forget is that the business you buy doesn’t have to stay that way, you can grow it and develop it just like a start-up. But the absolutely crucial thing is always the cashflow, a start-up will take three times as long and three times as much money as you expect to get it going and all that time you are probably not drawing a salary either. That makes it a high risk and expensive proposition. An existing business with a good history and proven accounts will pay you a return on your investment from day one and keep food on the table.

Most small businesses that we sell and which produce enough profit to pay a reasonable salary to the owner will sell for one to times the profit. After no more than two years you have got your money back and are still earning good profits. If there’s a property involved then obviously you pay more but you have the security of a freehold to back up your investment.

I would be surprised if more than 10,000 small business sales are completed in the UK each year, which stands in marked contrast to 65,000 start-ups.
There are thousands of businesses for sale in the UK of just about every size and sector, and pretty much all of them are advertised on the internet on websites like www.amberglobe.co.uk or www.businessesforsale.com.

2010-06-10T03:14:00.001-07:00

We have recently started advertising your business on a new sales website www.businesssalesdirect.co.uk as well as freehold properties on a rotational basis on www.egpropertylink.com.

Many of you will have just completed your latest financial year. Can you please send us your most recent accounts as soon as possible or, if they are still with your accountants, your management accounts, VAT returns or at the very least advise us of how the last year’s trading has gone and when you can expect to have accounts available.

Pretty much every single interested party asks for the latest accounts once they have received the sales details and any delay in providing this information can mean that we will lose their interest in your business.

We have recently upgraded our website including the free Business Advice section which we hope you will find useful. Various professionals will begin “blogging” in that Section in the next few days on such topics as Employment Law, Business Sales legal issues, VAT and Tax, and Websites and E-Commerce. If you have specific questions to ask on those topics then please feel free to email any of the bloggers. I suspect that the E-Commerce and Employment Law topics will be of particular interest to many of you.

Even though your business is for sale my strong advice is that you should continue to run your business as if it weren’t, which means continuing to upgrade your website, improve your premises and grow your business. If you don’t then the worry is that your business will start to stagnate or at worse deteriorate which will have a negative impact on your sale price. Purchasers are particularly fearful of “catching a falling knife” and any downturn in trade or profit can kill a sale.

I am still of the view that the business sales market will keep improving. We are seeing continued strong buyer interest and high levels of enquiry. I think any redundancies in the Civil Service can only be good news for us all as it will tip more buyers into the market. However prices are still very keen and buyers will definitely not pay a premium.

If you would like to discuss any aspect of your business, its asking price or its marketing then please call us on 0800 707 6370.

March Update

2010-04-07T06:00:00.000-07:00

So at last the election has been called for May 6th and I suspect that the financial markets will begin to accelerate in anticipation of the new government making concrete announcements on exactly what they intend to do to reduce the deficit once they are elected. And really, I think that is all the certainty we need in order to get on with our lives and continue rebuilding our businesses after the last two years of doom and gloom, much of which has been penned by the political parties to suit their own ends.
Last month we achieved our highest priced business sale for over two years and we are continuing to see improvements in sales values and buyer confidence. Rather surprisingly we are also seeing the appearance of some very confident vendors who have decided that prices are going to rise in the near term and are knocking back offers we have procured at their asking prices. To be perfectly honest I do not see any significant asset price increase happening any time soon. Buyers will continue to be wary and will be very cautious about being sold a lemon and over-paying. (If you were buying a business, how would you be feeling at the moment?).
We are just finalising some updates to our website in order to keep it looking fresh. We are also about to start running a Business Advice Centre through the website where you will be able to see answers to questions from our experts on everything from employment issues through to the cost and benefit of a search engine optimisation programme. I hope that you will find these Q&A’s useful to you in the running of your business. You will also be able to email our experts direct if you want further answers to particular questions. If you have any comments on the Business Advice Section then I would be delighted to hear from you.
You may wonder where we advertise your business for sale and so here is a list of the main advertising sites where we advertise (some sites are sector or size specific, so you may not appear on those):
www.amberglobe.co.uk www.businessesforsale.com www.daltonsbusiness.com www.bizsale.co.uk www.rightmove.co.uk www.rightbiz.co.uk www.startinbusiness.co.uk www.businesssalereport.co.uk www.businesstobuy.co.uk www.hotelstobuy.co.uk www.businessalesdirect.co.uk www.bedandbreakfasts.co.uk www.businesswings.co.uk www.fish4.co.uk www.ft.com www.thisismoney.co.uk www.reed.co.uk www.bizval.com www.startups.co.uk www.mybusiness.co.uk www.swbusinesstobuy.co.uk
According to the organisations that run these different websites, your business is being exposed to a total audience of around 3million people.
If you are getting close to a sale of your business do please remember that you will need to ensure that your EPC is available for the purchaser together with any environmental reports that you may need to produce. These will hold up a speedy sale if you don’t have them. Please contact us if you would like to order an EPC at a competitive price.

First Post

2010-04-01T09:15:00.000-07:00

Welcome to Amberglobe's Blog.

This is our first post but I'm sure there will be many more. Keeping watching this space.