How To Identify Potential Business Opportunities
Business opportunities are the opportunity to make money by using ideas or ideas formed by others. Such as direct selling, Internet marketing, wholesale, sales routes, contract with gatekeepers, franchised marketing, mail order, Internet and computer based businesses can be regarded as business opportunities. Many of them can adopt family business. Whether you buy a concept that has been or has not been proven, its success depends entirely on your ability to operate and create your own customer base. The purchase price usually includes necessary tools, such as selling machines, stock and samples.
Most of these companies will provide you with a sound and profitable idea that you can't wait to get involved in. I want to remind you that you must be careful at this time. Consult with experts, because these enterprises have attracted a lot of people who want to get rich quickly or have no funds through some form of advertising. Promises that make big money are usually hard to cash in.
A motivated seller should prepare relevant information for the enterprise to be sold, which is called an enterprise proposal. It's different in form. You have to bother to look up a lot of information to see if this enterprise is suitable for you. No doubt, you only have to read many proposals before you can find the one that makes you feel interested. Since most people can not afford to consult the accountant one by one, you have to learn to analyze them first. Next, you can exclude those proposals that are not up to your personal standards, and give the accountants who you are interested in to your accountant.
A well conceived proposal should contain all or most of the following information:
1, the company's history and operational details;
2. Brief introduction and resume of the company owner;
3. Brief introduction and resume of major employees.
4, overview of the current and future markets;
5. Details of competitors.
6, property lease, location description and advantages;
7. Detailed description of the assets to be sold, including the training period and other services or guarantees provided by the company;
8, price and payment terms;
9. Financial statements for the first two years (provided by reliable accountants);
10, the budget of revenue and expenditure in one or two years;
11. Certificate of customer and supplier;
12, a contract or letter to prove the future intention of the customer.
Many proposals do not contain all these information, so it is necessary for you to ask the seller appropriate questions to fill the missing information. Remember, vendors always try to show the best part of the business.
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