Knowledge hub

If you’re thinking of buying a business, it’s important to do your due diligence. Not only will a business cost a lot of money to buy, but it is also likely to cost you in time and stress as you work to make it successful under your management. As such, it’s important to ask the ri...

Buying and selling businesses is a complex and often lengthy process. Business brokerages, like LINK, exist to help companies navigate the uncertain waters of the buying and selling process. While many sales are successful, sometimes initial offers for purchase fall over or the deal falls through fu...

As mentioned in part I of this series, the business broker has to do a great deal of homework to prepare a business for a successful sale. It is the business broker who has the responsibility, on behalf of the purchaser and vendor, to examine financials, client lists, existing account and competitio...

The World Bank Doing Business survey for 2016 ranked New Zealand as the world’s easiest place to start a business. It also declared New Zealand the best place for doing business, making the country the perfect place to set up an enterprise.

As with most business transactions, purchasing a franchised business holds its own set of advantages and disadvantages. While purchasing a franchise is no guarantee of success, it does have several benefits over starting a new business from scratch.

The New Zealand Code of Conduct for real estate agents outlines minimum standards that real estate professionals must abide by when conducting business. They apply to licensed agents and their businesses. The rules were updated in 2012 and officially came into effect in April 2013. It’s import...

Whether you’re still considering whether or not to sell your small business or the decision is set in stone, there are several steps to complete along the way before the final signature is written. A family-owned business may be passed on to a succeeding family member, while a larger business ...

There are many factors involved when it comes to selling a business, including determining a fair asking price for it. The data that goes into such a determination may be gathered from a company’s financial statements, based on current competition in the market and drawn from other factors. Ot...

When you’re preparing to sell your business you may think about presenting it in the best light, getting a good price and the legalities of signing it over. But have you thought about keeping the whole idea a secret? If your plans to sell become known to the wider world, this could have reper...

Buying a service station in New Zealand can be a profitable venture in many cases. When purchasing a service station, whether it is a small, independently owned business or an established chain, there are many factors to consider. What follows is a summary of these considerations and some informatio...

Whether you’re set on selling your business or you’re still considering the option, it’s important to research the current market and its state. First, you’ll have to discover if your business’ purpose — precisely what it does — is unique and whether or not ...

Whether you're in business and dealing with vendors and employees or you're buying or selling companies, discretion can be a valuable commodity. A number of reasons exist for keeping things confidential as you work through processes or negotiate a deal, but you can't always rely on the f...