How to Buy Small Enterprises in Australia (1)

The author immigrated to Sydney, Australia, bought a small business (SBX) four years later, failed, closed the store and went back to work. Now, from the perspective of a bystander, let's make a review of this failure and consider it as paying tuition fees. This tuition fee is quite large, tens of thousands of Australian dollars. All the monetary units mentioned below are Australian dollars. At the same time, it also reminds readers who want to do small business, so that everyone can take less detours and step on pits.

The author is engaged in information technology and has rich experience. But many people will ask, how does an information technology worker do small business? As an immigrant, it is very common that what you do is not your own business. For example, those who study pharmacy do trade; Those who study accounting and management investment go to factories as workers; I used to be a university lecturer and owned a coffee shop. Wait a minute. In foreign countries, there are people who are not used to this industry, and some jobs are somewhat discriminatory and not very satisfied. This will happen. For example, I am looking for a job in China, and the name of my university is written on my resume, because the university I graduated from has a good reputation. Once I heard that Flash Gao was top student, it was basically not a problem. However, foreign universities in Australia basically don't know what it is, and it may not be as good as local vocational training schools. It takes a long time to find a suitable job in this line of work.

Mr. Ma Yun said that small enterprises are big enterprises. There are many successful examples of small enterprises becoming bigger and bigger and becoming big enterprises.

But I chose to do this small business at that time, which happened to have such an opportunity. My wife has been doing a similar job, frying fish and chips, and has some experience. She has always wanted to find a shop to do it and partner with such a friend. I've been watching it for some time. It happened that during my time, the company laid off employees and got paid for several months. Looking for something to do, too. If the small business is done, then both husband and wife's jobs will be solved. That's what I was thinking.

What is different between Australia and China is that the transfer of small businesses here is very formal. If you are sure to buy it, pay a deposit first and apply to the landlord. Then sign the contract, and both the buyer and the seller have lawyers. The contract will have a settlement date, which is the settlement date. Before the settlement date, all the money and property should be handed over properly.

Small business prices range from 5000 to100000 or even millions. About 5000, it may not be starting a business, but changing jobs. Someone may have a service contract and don't want to do it, so they will transfer it to the next person. Or mobile services. We are looking for a small business of about 30,000 to 50,000 pounds. Some enterprises are profitable, but the owners may sell them urgently for family or health reasons.

As far as I can see, the start-up capital for a small business needs at least 5000 to 7000.

For example, there are relatively mature mobile services. The initial cost is 7000. They will clean the exterior walls, check the wires, clean the swimming pool and do online marketing promotion. There are different business projects. They will provide training and tools, as well as a unified clothing and order website. After receiving the order, it will be assigned to each working group. Without training, it is important to have working experience in related industries. It is recommended to work first and find experience.

The lowest threshold business may be a cleaner. Doing cleaning in enterprises, hotels and moving houses should also have a stable income, but it is also hard money. Like I used to spend 300 yuan cleaning every time I moved. It takes about two people about three hours to finish. If you make three orders a day, it will be 900, and everyone will pay 450. The return is not bad. The minimum wage in Australia is per hour 15 yuan, and the weekly wage is around 600 yuan. I have a friend who works as a cleaner. He goes to work first. Do your own work after you are proficient. Do household cleaning in rich areas. He felt too relaxed. The customer's home is so clean that I don't know what to do when I go. Cleaning means using tools and chemicals. Also understand the acceptance criteria of leasing agents. The threshold is very low and no certification is required. Of course, it is necessary to communicate with customers in English.

Later, that friend took the bill himself and subcontracted it to others for cleaning. Later, he said that he would work hard and go to the restaurant.

All right, let's talk about going back to the store. It is not ideal to find an intermediary to buy a small business with a transfer fee of 30 thousand to 1 10 thousand. Generally speaking, the intermediary has to pay a transfer fee of about 10000.

Compared with selling business in China, it may be a down payment. Business registration fee is not included here, but it's easy here in Australia and industrial and commercial registration, and you can get one for less than 300 yuan. Besides, I have to buy commercial insurance. Purchase and participate in relevant license training.

The value of a small business generally depends on its location, decoration and equipment, and customers. We probably saw five or six stores before we took a fancy to this one. We didn't redecorate. Some shops are old, or the original business is not good, so it is necessary to change the facade to attract new guests. The store we bought at that time had two cold rooms. If you make a new cold room yourself, the price will be more than 20 thousand. The equipment is still valuable, and his traffic is not bad.

Please note that all intermediaries will explain and do not guarantee the actual value of the business. Therefore, buying a company must take the time to look at it. Watch the door at different times, watch the flow of people and see how much to buy.

In fact, to buy small business, it is best to contact the seller directly. No agency fee is required. The sources of our reading are Chinese newspapers and Gumtree. There is a lot of small business information on Gumtree.

[Netizen @ Fengling Lawyer] China people who are new here like to buy franchise business, which is actually quite dangerous. Always listen to the recommendation of some friends; They are more willing to listen to the opinions of their friends than the professional opinions of lawyers and accountants [Sun]. They are new here, relatively unfamiliar with laws and taxes, and unfamiliar with Australia's human environment. Buying business right away is risky. Be careful when buying business [Sun]

Your sharing is very useful. I think everything can only be regarded as the source of information. I still have to do my homework, and I can't save it.

As Dymphna, the real estate manager, said, the information provided by lawyers and accountants is for reference only, and the final decision is made by himself. She is an accountant herself, and she said so frankly.

Speaking of lots, there are obvious differences in the flow of people in different lots in Australia. Australia, including Sydney, is divided into many small towns. If it's an office area, it's busy on weekdays and lunch. Dinner is not busy, and there is no one at the weekend! In addition to the business district and office district, this town may be mainly divided into residential towns and tourist towns. In a town dominated by residents, local businesses, especially restaurants, serve local residents and nearby businesses. These are usually commercial. As soon as the school is on holiday, it is very deserted. Because many residents have gone on holiday. Weekends are also colder than weekdays, because businesses are closed and residents go out to play on weekends. A tourist town is a place by the sea, next to a tourist area, or on the way to a tourist area. Business in these places is very good on weekends. Holiday business is also good. So the business depends on his running water for a year.

When we bought a fish and potato shop, we took the seller's entry and exit form and read it for a long time. It should be said that he was worth buying the business at that time. My wife and I take turns squatting. Yes, we observe that store 1 month. I also read its running account for several months.

Little knowledge, fish and potato shop (fish &; Chip):

Fish and chips are fish and chips, which originated in England. It is a traditional food in Britain and one of the most commonly eaten foods by the working class. Westerners don't eat fish pieces with small bones, so they all eat fish slices without bones or meat slices with big bones. Fish fillets are made by dipping fish fillets in flour, wrapping them with pulp and frying them in an oil pan. In the process of frying, the water in the fish fillets will turn into steam and evaporate, so the fish will become loose. Well-made fried fish slices are crispy outside and tender inside, and melt in the mouth. Fish and potato shops in Australia are labor-intensive industries. At first, it was opened by Greek and Italian immigrants, but now some Vietnamese shops have to work hard to do well.