Hello Friend,
Instead of take over an existing business you also could rent a empty shell building and start renovation, buying all things you need like the bar and room furniture, air-conditioning’s, set up a Ltd and go to the officials to get the permissions to open up and be legal. This mostly cost a lot of money and is very time consuming what phosphine the opening from your business mostly by months.
Another way to open up a business is take over an existing business. Take over a business is mostly 1 amount but this amount is a sum of several different items of what here are the basics. That makes is the business price 5in1….
1.THE TAKE OVER AMOUNT is mostly the amount that makes you the owner of all interns like furniture, air-conditioning’s, television sets, bar, music and everything in the building ready to open up.
2.THE RENT AND DEPOSIT is the monthly amount to rent plus the needed deposit amount that is mostly paid to the building owner and that is mostly not the same person as the business owner.
3.THE KEY MONEY is the most hated factor by business buyers. This can be a kind of pre-pay for the month rent what is then the advantage that the monthly rent is much lower. This amount returns every 3 years and will be increased. Key money is also the most abused system to get extra money what can go to the business owner or to the building owner, it are no fixed rules or regulations concerning key money what only makes is more difficult to control.
4.THE GOOD WILL AMOUNT is also an amount that is not fixed by rules or regulations but it is an amount representing the good will from the previous business owner because as new business owner, you not loose time and money and can open up the business right now. The business is turnkey and saves a lot of money and time and it provides and income from the very first day the new business owner takes it over.
5.AGENCY COMMISSION is in Thailand included in the selling price and the seller pays the agent. In countries like India also the buyer pays the agent commission.
Just click on the poster below to get full details.
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