Recent content by poohbear99

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    anything other than google analytics to tracking adwords effectivness?

    doubleclick
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    Getting a good CPM rate?

    The only way you can grow the price the ad network is willing to pay is by increasing your traffic or justifying it through the audience you are attracting. Ad networks will pay more for very specific niche audiences so this helps. The problem is most ad networks sell the inventory on to the...
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    Does anyone use Facebook Ads?

    I think this is quite a difficult question to answer because it's highly dependant on the product, audience and how engaging your ad is. Facebook is a fantastic platform for some advertisers. If you are going to try it make sure you have a strong call to action and a good quality image. Also I...
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    Buying an Insolvent Business... Advice Please

    Thank you so much for the advice. The location is such a strong selling point and adds huge value to the business. It's a surprise that the business has failed where it is, but I think it has been neglected by the owners who have no interest in the potential or growing the business. Great...
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    Buying an Insolvent Business... Advice Please

    I went back to the agent and explained that I wasn't happy with the assessment of the business based on EBITDA. Given that turnover has dropped considerably over the last 5 years the goodwill also appears to have diminished so i'm not entirely clear how the premium can be justified. They agreed...
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    Buying an Insolvent Business... Advice Please

    Thanks Jim. Yes I will need finance which is why I am reluctant to get an accountant involved at this stage as I want to do as much research first to see if this is going to be feasible. At the moment with all of the information I have been provided so far, its not looking too good. They have...
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    Buying an Insolvent Business... Advice Please

    Thanks for your response. So I have had some clarification that the sale is for the trading business in leasehold format and not the limited company itself. It also appears that the directors set up another limited company at the same time that the other company went into liquidation and...
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    Buying an Insolvent Business... Advice Please

    Yes I know who the liquidator is, as it's stated on the notice of liquidation thanks for you help
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    Buying an Insolvent Business... Advice Please

    I'm aware that there's a well known entertainment brand interest in the venue and are looking to acquire the business for an entirely different use and are therefore probably less interest in the state of the business!
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    Buying an Insolvent Business... Advice Please

    Thank you for your response. I have posted this in Accounts and Finance too. I think the business has been poorly managed and neglected by the current owners. I agree they will need to justify the premium given the low profits. Please can you explain the benefit of giving it more time?
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    Buying an Insolvent Business... Advice Please

    The value of the freehold would be too high The business is being sold by a commercial agent, there has been no mention of the liquidation, it's only something I came across after doing a search online Is it normal for a commercial agent to be working on behalf of the client and or liquidator?
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    Buying an Insolvent Business... Advice Please

    Thanks for your responses so far. The business is running currently running as I intend to operate it, so I am buying it as a going concern. Upon looking at the accounts for 09 some of the expenses / outgoings seem ridiculously high but of course, if I intend to progress with it, I will...
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    Buying an Insolvent Business... Advice Please

    I have been looking for premises for a business for sometime and have finally found something which fits my criteria perfectly. They are demanding a fairly hefty premium for the lease which could be attributed to the size and location of the business. So far they have provided 08/09...
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    Buying an Insolvent Business... Advice Please

    I have been looking for premises for a business for sometime and have finally found something which fits my criteria perfectly. They are demanding a fairly hefty premium for the lease which could be attributed to the size and location of the business. So far they have provided 08/09 trading...
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