Purchasing a business

Advice on purchasing a business

Sometimes an unbiased independent person can see what a prospective owner can’t see. People see what they want to see and not what is starring right at them. How many times do you see a business which is in the wrong location, or the operators are not suited to retailing or the shop looks terrible even though it has just opened its doors?

Retail Lease Solutions can advise you on LOCATION and whether the business will SUCCEED, based on trading figures, profit and loss accounts, true expenses and projected turnover. Sometimes people need someone to give it to them straight. Do you think this is a good idea? Am I paying too much for the business or the franchise?

What do you think I can do to make this work?

While Retail Lease Solutions are not accountants, we can have a look at the figures, ask questions, give an opinion of the value of the business and give advice generally on what steps can be taken to improve it. Staffing levels, the appearance of the shop, cutting overheads and increasing turnover can be discussed together to find a way through to running a successful business.