Archive for the ‘Bisuness Development’ Category

Business Sale Is Still A Concept in India

By: BizGuy
Published: May 2nd, 2008
My exam is over- but my PCP (Personal Contact Program) for second year will start tomorrow and will continue till 27th. Still I’ll keep blogging regularly here.So no problem.

 

The other day I was browsing the net and chanced upon a site called UK Business For Sale. To be frank I have never heard of the word business sales as I live in a remote place in India. I do frequent to big cities for this or that reason but still have never came across it.

Let me be more forthcoming! I believe this is a totally new concept in India.

So what is this concept?

Simple! There are some agencies that broker between buyer and sellers of start-ups or established businesses. The agencies have people as members from both groups – buyers and sellers. To be more precise, suppose I own an established business that is making reasonable profit. But there is something I found which seems more interesting and appealing to me. In this situation I want to sell my current business so that I can venture into the new domain of my interest and also can fully concentrate on it. Instead of finding the suitable buyer myself, I can hire an agency that will do the needful for me for a specific amount of fee. This will save me lots of time, energy not to mention the convenience factor. In India, I saw this in real estate rector but not in business establishment sector.

The concept of organized business dealing has been going on in developed countries for long. But I don’t know its presence in other developing countries where most business sectors are not organized. But this UK Business For Sale website has opened a whole new world to me. After some more search and research I have found that the Business For Sale brokerage in the UK is an industry in itself. They don’t only use the conventional marketing but are offering their services through the web. Hopefully, this post of mine will be read by concerned persons and bring in the concept here and start a new business.

Good luck to them. :D

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