A great part of the businesses in Romania have a great start at the opening, and after a short while they begin to die little by little with the time passing. There are a lot of reasons for that to happen, and just a few of the specialist can give the correct answers or the solutions to fix those situations.
Unfortunately, we can not save all the businesses, but at least we have the possibility to sell them, in order to recover some money, or to buy them when we consider that is for the best to invest some money.
From our experience we noticed a pattern regarding the circuit of these kind of sales. The trend is to buy something that is requested on the market, something that can bring you profit from today until tomorrow, without having to wait to much for the results. There are a lot of businesses to be included in this category. For example a beauty salon will bring much profit than an agriculture business.
Why is that? Because there are more people willing to spend their money in such places that the people who are interested to invest in agriculture or any other thing. People are often looking for profit on short term, there are fewer that are willing to invest large amounts of money and patient enough to wait some longer periods until they can register profit.
If we take two accounting balance sheets from two different firms, let’s say a tanning salon and a library, we will see that in fact, the money gathered in a majoritary way to the one that is more requested, meaning the salon. Now we are not in title to judge if this is the correct way, but we can judge by the potential of the two businesses, and we can give an advice to the interested people in the investment area.
As we said so far, the recommendation of all specialist is to take care when buying a business at the level of knowledge. This is important because only in this way you will be able to make a good decision from the start and later on the way as well. After that you have to ask yourself if you have the power to sustain such a business, and by that we mean the financial power. Will you be able to maintain the clients that the firm already has?
Will you bring new ones to be satisfied by your work? Do you know the way in the market? Have you any ideas to make the business stronger, better? The answer is known only by yourself, but if you want to for hear it loud and clear you must keep an open mind, and a clear vision.
We can only help you with this few information that we decided to publish in our pages. The rest, the firms, the contact details remains at your disposal so that you can choose. Be patient, be careful, be open minded and invest your money in something that worth invest in.