If the Business For Sale Doesn’t Make Money, Buying It Is Bad Business

Selling your business can be a life changing event. There is a vast amount of work that goes into having a business for sale, work that must be done. Preparation, as in many projects we take on in life, is a key part of a successful selling of one’s business. Consider these business ideas when planning to sell your business.To begin with, it must be understood that having a small business for sale involves evaluating a few primary areas of your enterprise. These areas are the positive and negative aspects which will affect the value. Of course there are endless variations on different businesses, and even businesses within the same category and type will have variations. But for the purposes of preparation, here are the main ones to consider.We begin with the assets. Assets can be broken down into categories such as cash, investments, equipment, accounts receivable, goodwill, and real estate. Assets are the valuable possessions of the business which can be used to produce revenue and earn profits. A business must have some sorts of assets to be a business, and it must be able to produce revenue. So our first consideration is: does the business make money?Clearly, for a business to have value it must be able to make money. How could it be worth much otherwise? Making money is the reason businesses exist; they are not there just because they enrich people’s lives or keep people occupied; that’s what non-profits and government bureaucracies are for. Businesses exist to make money, bottom line.Unfortunately, there are many small businesses for sale that do not make money, i.e. (they do not “cash flow”) but are being marketed for sale, at high prices. If you ask the sellers how they can justify the price, you will get a variety of answers ranging from “Because we have put so much into the business” to “Because it is going to make a lot of money in the future”.The problem here can be understood best by doing a quick mental switch and putting yourself in the shoes of the buyer. Now you are buying the business for sale and you are getting ready to write a huge check to take over the operation and all its hassles and challenges and surprises. And you ask yourself this very rudimentary, basic question: Am I willing to pay for something with the mere hope that I can make it pay me back, even though it’s NOT doing it now?It doesn’t take an IQ above room temperature to realize you cannot simply hope to make money if you are going to spend money to get that opportunity. In other words, you cannot, you should not, pay for risk. The ancient equation of risk and return comes into play here. Knowingly taking on risk should come at really cheap prices, or no price at all. But to buy a business, a profitable business that has a current track record of making money, should come at a price, even a high price if it makes enough money.The point of the discussion boils down to this: if a business is going to sell for money, it needs to be making money. Money is the reason we go to work each day. Some people say they work because they love the work, and it may be true, but still, we do business to make money, pure and simple. If a business we are involved in is not making money, it has lost its most primary quality, and therefore has limited to no value. Just as a real estate property has value because of its scarcity and usefulness, and a buyer pays for it with the intention of gaining appreciation and using the property, in a similar way a business has value because of its money making capabilities, and a buyer pays for it with the intention of doing just that… making money.There are some exceptions to this rule, but very few. An example might be a situation where the buyer of the business is buying an “idea”, or a concept. In this case, he or she might be buying a business for sale in a brand new market, where there exists little to no competition. With that comes the downside of little to no income, where perhaps there is a market but it has not been fully exploited. But these situations are the extreme exception, and should be approached with the utmost in caution.In summary… when it comes time for the business owner to sell his or her business, is important to prepare for the sale and consider how buyers will view the business. And one of the best ways to understand the sales process is to view it from the buyer’s perspective. “Would I buy it? Why or why not?” The business may have a lot of wonderful things about it: the market, the product, the people… but if it doesn’t make money, for whatever reason, the buyer won’t want to pay for it.And neither would you, unless you’re doing penance. But that’s another discussion…

Preparing for an Automotive and Diesel Career Through Higher Education

Opportunities for enrollment in an automotive and diesel career training program are available through a variety of accredited schools and colleges. Preparing for an automotive and diesel career through higher education can be done by finding a program that meets your individual needs and beginning the path to a new career. Options are available allowing for the selection of the level of education and specialized area of study that best fits your needs and goals. Training can help to provide the skills necessary to work with a variety of vehicles to service, repair, inspect and maintain them. Start by finding a program and request more information to learn about available opportunities.Higher education is offered to allow you to receive the preparation needed for a career in the automotive and diesel field. Different levels of training can be completed in a number of areas. Selecting the area that interests you most can help when pursuing the profession that is desired. Schooling is available in areas like:Auto Body
Automotive Service Technology
Motorcycle Mechanics
Automotive Service Management
Diesel Mechanics
NASCAR…to give you the chance to complete training in the specific area of your choice. Once the decision is made of what area to obtain a higher education in, the level of training that is needed to enter a career can be selected.Various automotive and diesel certificate and degree levels exist in order to provide the chance to seek out the career and profession you long for. Opportunities exist at different levels of educational training including:Certificates
Diplomas
Associate DegreesPursuing an education at any of these levels can be done through a number of accredited schools and colleges. The level of education will help decide on the career options available to you.Numerous careers exist in the different areas of the field. Accredited career preparation can be completed to help enter the profession you long for. Enrollment and completion of a higher education program can provide the chance to become an auto body technician, automotive service manager, motorcycle mechanic, automotive diesel mechanic, NASCAR technician, and many other professions related to this field. With the decision to enter into a career in automotive and diesel you can enter the workforce and seek the employment that is desired once all required coursework is complete.Coursework will vary but can allow for the learning of a variety of topics. Studies can teach you to carry out a number of tasks related to the field and the career that is chosen. Coursework can allow you to learn welding, body painting, refinishing, electronics, customer service, and much more. Topics will cover all the needed training for entrance into the workforce. You can also study transportation, computers, physics, engine systems, and a variety of other studies. Training in these areas will help prepare for an exciting future career.Accredited automotive and diesel degree programs can provide the quality educational training that is needed to be successful in this field. Numerous agencies like the Accrediting Commission of Career Schools and Colleges of Technology ( http://www.accsc.org/ ) can fully accredit qualifying schools and colleges that offer the best quality educational training available. Start by finding an educational training program and enrolling today.DISCLAIMER: Above is a GENERIC OUTLINE and may or may not depict precise methods, courses and/or focuses related to ANY ONE specific school(s) that may or may not be advertised at PETAP.org.Copyright 2010 – All rights reserved by PETAP.org.

Why It Is Worth Choosing Local SEO Services

People will always seek convenience and they love to shop online. More than that, they want to interact with businesses and seek ultimate experiences. Brands that are not online and don’t have an e-commerce website lose a lot, especially plenty of traffic and potential sales volume. In order to remain competitive in this changing world, it is crucial to improve the online presence, to be always available to customers. How can this be achieved?

The key is SEO, and local SEO services have increased in popularity. One of the reasons is because businesses want to rank high in search engine results, and they want to achieve great results, to attract more potential buyers and build their confidence in the brand. Implementing the right marketing strategies has always been challenging, and this is why companies choose to hire specialists, because they know exactly how to come up with the right solutions.

Find Out More about Local SEO Services

SEO is already a term that many are familiar with. They heard about it, but the idea is still complex, and it involves so many factors that it is hard to keep up with everything. Businesses have a lot of aspects to look into, they need to manage their activity, focus on products and services, train employees, they must develop pricing policies, distribution, delivery, and so much more. It is understandable they are unable to focus on search engine optimization on their own. Instead, they focus on local SEO services.

What is SEO exactly? It is an array of practices and strategies used to improve the quality and organic visibility of a website on search engines. Whenever you search something online, you use keywords and two types of results show up, paid ones and organic. Some companies pay for every click on their website, and it is a way to guarantee a top position. On the other hand, organic searches imply improving the website, link building, and many other tactics.

It is not enough to place relevant keywords throughout the website, it is necessary to adjust the website, its functionality, speed, the content shown on every page, if it is mobile-friendly, interactive, and more. Optimization is about improving the site and pleasing the customers, but it also implies taking into consideration the guidelines and algorithms of search engines. Eventually, you will get to know more about your customers and what they are looking for.

Benefits of SEO

There are many benefits of local SEO services and the best part is that they are accessible to anyone interested. Some companies believe they have to hire a team to work within the department, to open positions, pay salaries, benefits, and invest in training. It is not the case, because these services can be outsourced without issues. It is even recommended, because it is cost-effective, and provides long-term value.

More than that, you have better control over the services, since you know exactly what you pay for, the specialists are already trained in the field, they are highly skilled, and know everything about optimization. You simply hand over the website, they will conduct an audit, suggest appropriate tactics, improvements that can be made, and eventually help you develop a strategy plan to improve your online business.

Increase relevant traffic

It is one thing to have plenty of traffic on the website, and another thing to have relevant traffic. When people need something, they type keywords, and once your website pops up, it means they trust it, they will browse through it, until they find what they want. Prospect buyers evaluate the functionality and speed of the platform, and if they like what they see, they will eventually buy.

The click-through rate is essential, and once you are on top positions, you can double it. If you want your site to be seen by customers, then it needs to rank high in search engine results. Think about your behavior as well, and how often you visit the next pages of results, how much do you trust those platforms, and how likely you are to buy from them.

Improve the web experience

Local SEO services will let you know that the web experience matters greatly to visitors and prospective buyers. So, you made it on top positions, people click on the site, but they don’t like what they see. They don’t enjoy the interface, they don’t find the website user-friendly, and they abandon it, going to the next result.

The success of your online business depends on many other factors, such as backlinks, page speed, content, interactivity, and such. If you follow the rules of search engines, then you need to keep the site in good health. This way, you obtain more exposure, and users will trust you more, believing that you do something right since you manage to be in top positions.

Local SEO Services Improve Brand Awareness

Perhaps you have some amazing products and services, and you want to show the world your portfolio. If people see you in top positions, then they will trust the brand more, because they think you deserve to be there, and your products and services are relevant. It takes some time and effort to achieve this, but it can be done. There is no pressure to do it on your own, especially when you can outsource the services and achieve great results.

SEO is traceable, and you can collaborate with an agency that will show you their step-by-step plan, and give you feedback after every process. This is the best way to know that you are doing the right thing to develop your business, the fact that you see the progress. An agency has years of experience in the field, it is fully aware of all changing algorithms, and it works close with businesses from all industries, which means it knows very well what works for each.