BCI Business Brokers in Crows Nest, New South Wales, Australia | Franchise broker

BCI Business Brokers

Locality: Crows Nest, New South Wales, Australia

Phone: +61 2 9439 3399

Address: 1 Alexander St 2065 Crows Nest, NSW, Australia

Website: http://www.bcibusinessbrokers.com.au/

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• Business service
• Financial service
• Franchise broker

22.01.2022 We live in a world where our success is often determined (funnily enough) by how much value we can bring. The same goes for your business! From someone who’s helped sell or value over 1,000 businesses, the businesses that get their owners the big cheques come sale time find one thing in common - buyers recognise that the business has value.... Even more importantly, they recognise that it will continue to bring value for years to come. So how do you make sure that your business is recognised for the value it has and the value that it will continue to bring? It’s not rocket science. 1) Invest in your employees I often call them your greatest asset - and I stand by it. Investing in training, team management and personal growth courses is a great way to not only boost morale, but improve the output of your team. 2) Systemise your business For every system you introduce, you will make yourself less important to the business. And that is GOLD. 3) Do Your Business Plan Not only do your business plan but work your business plan. That means that when the time comes to sell, you have the blueprint to handover to the new owner. For more information on how you can add value to your business, don’t hesitate to get in contact with the BCI team. With over thirty years of experience In selling businesses, we’re the trusted voice in Business Broking.

22.01.2022 Let us present to you Episode 2 of our WABW Video Series. In this episode, I discuss the pitfalls of getting it wrong in buying or selling a business. If you pay too much or if you ask for too little, you are not going to be happy. That is why I will tackle in this episode the zone of safety where business buyers and sellers should operate to avoid undervaluation or overvaluation. Learn more about the relationship between Multiple and ROI. If you missed the first introductory... episode, visit bcibusinessbrokers.com.au/resources/wabw to watch it. For any other topics that you’d like to learn more about, comment it on this post. #business #businessvaluation #businessforsale #buyabusiness #overvaluation #undervaluation #buyer #seller #businesssbroker #ROI #multiple #risk

20.01.2022 Sick and tired of lockdown? You want to beat COVID? We have an ideal business for sale and it's just about the best business on Lord Howe Island. When tourism opens up again, it's booked out until next year. You want a different sort of life, right? You want to get out of the city, right? You want to be King of this Island. You can be. Comment your interest below.... #businessforsale #tourism #LordHoweIsland #travel #business #covid19recovery #getoutofthecity #holidays #vacation #islandlife #covid

14.01.2022 Do you want to maximise the value of your business? Are you aware of the factors that drive business value? In today’s episode of "What’s a Business Worth?" (WABW) Series, we are starting a new topic about the factors that affect business value. Let us show you how you can maximise the value of your business using seven (7) key value drivers. ... The first key driver is infrastructure. This pertains to the structure within your business that holds everything together for your business to run. In detail, we will be discussing how you can improve your infrastructure and how ensuring an infrastructure that works well will increase the value of your business. The second key driver discussed in this episode is brand. Did you know that you don’t have to spend thousands of dollars to get a good brand? Let us show you in this episode how you can build a good brand to help generate more business. Watch out for the other five (5) key value drivers in our next episodes. Please feel free to let us know which other subjects you’d like us to discuss. We will help you in your journey of maximising the value of your business. #maxyourbusiness #entrepreneurship #investing #education #sales #strategy #finances #business #riskmanagement #keyvaluedriver #businessvalue #infrastructure #brand https://youtu.be/qBY440rEyi4

13.01.2022 You really do have to feel sorry for black cats sometimes. We all know the superstition: If a black cat crosses your path, it’s supposedly a sign of bad luck. This image problem is so bad that it’s actually affected adoption numbers at pet shelters! Today is International Black Cat Day. Yes, it’s a real celebration. And yes, it’s a fantastic opportunity to not only give your nearest black cat a cuddle, but to think about whether there’s an opportunity waiting for you in your ...business. It’s funny how superstitious people often have more bad luck. That black cat can’t change your day unless you allow it to. Luck has plenty of influence in our lives. When Bill Gates and Steve Jobs were playing with the first computers in their garages, the world just happened to explode with demand for personal computers. They were lucky enough to have close friends (Paul Allen and Steve Wozniak respectively to help them bring their dreams to fruition) But it wasn’t just luck. They had done the work. They had the brilliance to see the future. What do you see in the future for your business? Are you doing the hard yards and then waking up every day thinking Today might just be the day? If it doesn’t happen today, give tomorrow a chance. Happy Black Cat day. Good Luck. #businessvalue

09.01.2022 Here comes the race that stops the nation. It grabs frenzied media attention, billions of dollars and millions of viewers across the world. Are we still talking about the Melbourne Cup?... From 1pm today, hordes of business-casual clad office types will converge on their local drinking holes for bottomless lunches and mid-afternoon refreshments. Meanwhile, 15,000 kilometres away, an equally brutal race is shaping up between two thoroughbred competitors. Between them, quite a bit of money is being wagered. However, the implications for the world are far greater than the outcome of the race being held over 3200 metres at Flemington race course. We need the escape of the big Cup. Then over to the US with a contest that means a little more than waging a few bucks. The revelry and pageantry of the Melbourne Cup is forgotten the day after - although the hangovers are not. The outcome of the US election holds far greater repercussions for Australian business owners and Industry leaders. When the results come in, will you be left feeling Blue or Red with rage. No other US election has captured the imagination of Australia like this one. Who are you on?

09.01.2022 Are you looking into investing in businesses that are low-risk and high-value? Do you know the factors that affect business value? In today’s episode of "What’s a Business Worth?" (WABW) Series, let us show you how those factors can determine how your business will likely perform in a crisis like a pandemic. ... Small business owners or investors who are up for a higher return and business resilience should find businesses in high-value low-risk industries. These businesses not only convey regular high income, but they could also mean growth and increase in revenue during times like COVID. Real estate property management and supermarket businesses are examples of businesses in those industries. They are expected to perform very well both in normal and difficult circumstances. The categories are not hard and fast, as some can move from high to low risk depending on certain external factors. This is the last episode for the industry topic of WABW series. Stay tuned for new topics in our next episodes. Please feel free to let us know which other subjects you’d like us to discuss. We will help you in your journey of maximising your business value. If you missed the first four episodes, visit www.bcibusinessbrokers.com.au/resources/wabw. #maxyourbusiness #entrepreneurship #investing #education #sales #strategy #finances #business #riskmanagement

06.01.2022 What scares you more? The thought of a spider (or spiders!) crawling under your nose while you sleep? Or the thought of your business going under? Depending on what stage of your life you’re in, chances are a shiver went down your spine when your eyes read the phrase ‘business going under’.... Today, I wanted to talk about facing your fears. Remember when a rogue spider in your bedroom used to be the biggest thing you worried about? Of course, I know some people are still arachnophobes and will be reaching for the bug spray when they get home. However, it teaches us an important lesson on perspective. And more importantly, the power of facing your fears head on. If you think your business is in a bad state, don’t let the fear consume you until it’s too late. The best thing you can do is take action. Look to business leaders in your field and seek advice. Turn to trusted employees and colleagues and ask for a helping hand. You’ve hired competent and intelligent staff, so why not take advantage of it when you need it most? There’s never been a time like the present. For more information, the BCI Business Brokers website and our huge range of resources is a fantastic place to start.

05.01.2022 Episode 3 of What’s a Business Worth? (WABW) Series is now available. This episode discusses different types of business and discusses their risk and value. Low-value high-risk industries will be discussed first and the other businesses will be tackled in succeeding episodes. This topic sheds light on which businesses are ideal to buy and which you should be careful about.... If you missed the previous episodes, visit https://lnkd.in/gR5v_zb to watch it. For any other topics that you’d like to learn more about, leave a comment on this post. #business #value #valuation #businessvaluation #businessforsale #buyabusiness #buyer #seller #businesssbroker #highvalue #lowvalue #highrisk #lowrisk #risk #ROI #multiple #industries #finance #education

05.01.2022 How did you know when you ‘made’ it? We’re all guilty of being sucked into the Hollywood version of what success is - The big cheques, the adoration and praise from our peers. But as someone who runs a small business and interacts with small business owners myself on a daily basis, we all know what success looks like. And most of the time, it’s never as glamorous as we’d like to think.... For some, it’s being able to afford the School fees for their second child. For others, it’s a smile from a happy customer who recognises a job well done. That’s why I want to know - When did you realise you were successful? When did it click that you were a success in your own right? For me, it was when I began to understand the customer experience. Once I’d worked out how to personalise each interaction naturally, it told me that I’d learnt how to give the best value I could to the customer. Learning first names, understanding their personal situation and giving best service. It’s a huge part of my personal definition of ‘success’. Don’t be shy in the comments below - I’d love to hear what you think makes a business owner a success. #success #success #smallbusiness #businessvalue

03.01.2022 Are you using testimonials correctly? A testimonial is a powerful thing. Someone taking the time to write something nice about your business is not to be taken lightly. It’s a powerful tool that when used well can create interest in your business.... I’ve sold many businesses over the years. At last count, the number is nearly 1200. 2 out of 4 people who ring me out of a google search mention that I have 53 positive reviews, and almost all of them 5 star. That’s what people are looking for - third party independent recommendations. What I like to do is use those testimonials to focus on the unique value that my services can bring to prospective clients. There’s a huge range of tools out there for budding business owners. Did you know you can send a link to everyone you’ve ever dealt with asking for a google review? It’s a huge risk, but if you’re doing your work well, it shouldn’t be an issue.

01.01.2022 Are you wondering which type of business is generally safest when buying a business? Did you know analysing industry risk and value can help you with this significantly? Let me show you how you can do this on today’s episode of "What’s a Business Worth?" (WABW) Series.... Like you, small business owners or investors try to steer clear of low-value high-risk businesses. You would want to engage in high-value low-risk ones to maximise business worth just like everyone else. But how about those businesses in between? Not surprisingly, those under this category can be just right for you and I will be telling you why. Examples of industries that belong in the middle category are franchise, wholesale/distribution, and logistics. Businesses in these industries are expected to have regular predictable income stream. Though not in high-value category, these are generally safe and profitable due to the nature of their business which I will be discussing in detail in this episode. If you missed the first three episodes, we have put a recap for you in this video. You could also visit www.bcibusinessbrokers.com.au/resources/wabw to watch the series. Please feel free to let me know which other topics you’d like us to discuss. We will help you in your journey of maximising your business value. #maxyourbusiness #entrepreneurship #investing #education #sales #strategy #finances #business #riskmanagement