As with any major transaction, buying a business is a lengthy and complicated process. One of the first questions one will ask when considering buying a business is how much does it cost, which all things considered, could also be one of the most important questions to be regarded. Jeff Romanowski from Adelaide Business Sales Pty Ltd lets buyers know the costs involved in buying a business, including some that people may not be aware of.
What are the costs associated with buying a business?
What costs should people be aware of?
Please note that Jeff advised that his advice pertains particularly to South Australia.
Jeff Romanowski, has over 33 years experience in the specialised field of Business Broking - originally starting out in September 1986.
His personal and professional approach, enthusiasm and know how has earned him an excellent reputation amongst Vendors and Purchasers. Jeff says - "part of my success is attributed to having a genuine interest in people and trying to help them to achieve what they have set out to do, whether that's selling or buying a business".
Jeff is certainly well qualified in business sales and has successfully negotiated the sale of a broad range of businesses from retail to wholesale through to manufacturing and service orientated businesses with varying sale values. The emphasis is definitely on taking on board quality businesses, (refer to Businesses for Sale).
Jeff is the founding Director of Adelaide Business Sales, which was incorporated in late 1989 and commenced trading January 1990.