Fully describe the business's activities?
The business specialises in Professional CV, Cover Letter and Linkedin compilation and writing services for South Africa, Australia, New Zealand, Canada, UK, and UAE.They offer career guidance and coaching and guarantee success to all clients.
How long has the business been established?
How does the business operate on a daily basis?
This business is home based and most of the work is conducted through its online platform.
What Advertising/Marketing is carried out?
The business has its own website and also makes use of various social media platforms.Monthly SEO Optimisation campaigns are run through google adwords.
Does the business have any contract work?
What competition exists?
There are competitors however the business is well established and considered leaders within the industry.
What are the seasonal trends?
The busy has a peak period towards month end.
Is the business VAT Registered?
Are there up-to-date Management Accounts available?
Yes,will be made available.
What percentage of the business is cash/credit?
Upfront payment is taken from all clients before any work commences.
How could the profitability of the business be improved?
A more aggressive marketing strategy can be implemented.
What is the total staff complement?
1 -The business is managed and run by the owner.
How involved is the Owner in running the business?
The owner is responsible for the management and running of the business.
What are the main assets of the business?
The assets are made up of intellectual property.
The business has an excellent reputation within an industry and has minimum overheads, flexible working hours and ease of system use. The business would suit an individual that has a passion for Career guidance & Coaching.
With more emphasis on marketing the business can unlock more potential within existing industries and tap into new clients to increase revenue.
What is the reason for the sale?
The owner is immigrating.
Why is this a good business?
Well established leader within the industry with a solid track record. Flexible business model with minimal overheads.
What is the price plus stock and the net profit?
Selling Price is R 525000 and Monthly Net Profit is R25500 however the current monthly net profit is over 40k and growing
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Annual Turnover Amount between R 500 thousand and R 6 million