Buying A Business

At the moment, most of my online time is spent on one thing - investigating if a business we have identified is a good business to buy.

Goodness me there are lots of stuff to think about - but it's a great exercise!

My mind is getting such a juicy massage thinking about strategic alternatives, looking at the accounts ( or in this case - the one sheet of paper ), investigating the market niche, investigating the products relative position in this niche as well as looking at operational and tactical alternatives for the business.

and of course number crunching. For instance, one little test I did showed that by carrying out one activity for one hour, the turn over would on average improve by £53.86 for every hour we did this. I have however not tested if this hourly rate goes down at any particular point.

It's a bit like debts I suppose - always do the one that gives you the highest return.

It's been an interesting lesson, and one that has made my money website suffer tragically.

the three actions I listed on Friday that related to that website has remained not done.

The one that will have the biggest impact is submitting my articles and my articles directory to other websites & search engines.

I guess you know what that means.

I also have committed to send out a newsletter, which means I must write an article about money and come up with a money tips review as well as writing the article.

On we go!

Cheers,
Jon ( still progressing )

=Every Day In Every Way, I'm Getting Better And Better=