These items are only available to FIRA members. Please click here to view membership benefits and for details on how to join. Please feel free to continue to browse the site for information, services and suppliers.
Buying a business can be a big step forward, or it can turn out to be disastrous. This briefing assumes that you have already found a suitable business (the 'target business').
Negotiating a purchase can often be more critical than negotiating an individual sale. Apart from price, you may need to secure strategic essentials such as component quality and continuity of supply.
In the daily drive to improve sales, it is easy to forget what a powerful impact your purchasing has on bottom-line profits. Yet, for many businesses, a 1% cut in costs can have the same impact on profit as a 10% increase in sales.
Insurance is essential to the survival of your business. A break-in, fire, computer failure or your biggest customer going bankrupt could all prove disastrous.
You have decided what you need to computerise (see What should I computerise?, IT 5) and you know what you want to buy. The next decision is how to purchase it.
Bringing in the outside expertise of a consultant can solve problems and help you improve processes, products and profitability.
Leading furniture expertise
Monday to Friday: 9am to 5pm
The sign of fair trading in the furniture industry
all categories