HELP AND GUIDANCE FROM TRANSAGENTS

Decision of a lifetime
When it comes to buying a business, it may be one of the most important decisions of your life and can be a very exhilarating time.

Your future in your hands
By owning a business, you will be taking your future into your own hands. You will be using your capabilities, skill and judgement and reaping all the benefits and rewards for yourself and your family.

Thought and preparation
Some careful thought and preparation is required before you rush out and hunt around the market for a business. You will first need to carefully assess your requirements and set some firm parameters.

Assess your strengths and requirements
Amongst the things you will need to consider are what are your strengths, weaknesses and requirements. What type of business would you enjoy running and can cope with or easily learn; the geographical area you want to live in - countryside or town; do you want to live over the shop and if so, how many bedrooms do you require, etc. You will also need to make a clear assessment of your finances and future income requirements - how much money do you need / use to live on.

Matching businesses to your requirements
Once you have reached your conclusions, let TRANSAGENTS know what your needs are. We will send you particulars of businesses that match with your requirements and arrange for you to look at as many suitable propositions as possible. This will enable you to select the right business for you.

First time
If this is your first purchase, you may encounter new terminology and concepts with which you are not familiar. These may include:-

• Turnover
• Gross profit
• Net profit
• Disposable income
• Value Added Tax
• Commercial leases
• Assignment and renewal of leases
• Landlord & Tenant Acts
• Town and Country Planning 'use classes'
• Trade/tenants fixtures and equipment
• Goodwill
• Grant of Licences, etc.

Simplify
All of this can be very confusing at first, so we recommend that you talk to us and we will guide you through this maze and simplify things for you.

Finance, solicitors, accountants
We can also help you find the best financial package with which to buy your business, put you in touch with suitable solicitors and accountants and generally smooth the way to the satisfactory conclusion of your purchase.

Final thoughts
Accept the fact that you can make excuses; you can make money; but you can't do both. So, dive in and get started now. People who start now, who dive in, have a far better track record and enjoy much greater degrees of success than those who wait. As a final thought, remember: we are stronger than our fears and more competent than our worries.

Contact us
TRANSAGENTS are here to help you and will be delighted to be of assistance. Ring us on + 44 (0) 1323 847627 or CLICK HERE to register your requirements with us.