Latest News from Everett Masson & Furby
Despite the cuts of the coalition, Andrew Wilby of Everett Masson & Furby (North East & Cumbria) reports strong interest for competitively priced businesses across his operating regions of Northumberland, Cumbria, Teesside, Co Durham and Tyne & Wear. Many of these areas are heavily dependent on local authorities for their economic survival, yet despite this says Andrew Wilby "there is active and strong interest from business purchasers".
Catering businesses he continues are the strongest selle…
Once again the E M & F Group are delighted to be present at this years CTN World –www.ctnworld.co.uk, a must visit for those involved or looking to be involved in the News and Convenience Retailing sector. Taking place on Sunday 20th November and Monday 21st November at the Ricoh Arena, Coventry, just off the M6 motorway, E M & F can be found on stand number 214 and would welcome the opportunity to discuss the selling and buying of businesses.
Hosted by the National Federation of Retail Newsag…
Whilst ultimately the dream of any would be business buyer is to own the Freehold property in which the business is situated it is sometimes just not achievable due to budget constraints, especially if the business in question also offers residential accommodation. Unfortunately this can increase its purchase price considerably making it difficult to fund which is probably a factor more so now due to the tightening of lending criteria by the banks, a Leasehold business offers an affordable rout…
In our twenty four hour news media the persistent reminder of “doom and gloom” can make many business owners jittery and disproportionately pessimistic. Clearly we are experiencing some transfer of the credit crunch impact on banking to the business economy and inevitably the media seize upon this information since it makes a good story. At EM&F Group, we assess the impact of the financial situation in what we consider to be a much calmer and measured way in that “good businesses with good acco…
For the past five years EM&F have been the sole agents for Cooks The Bakery Ltd in the sale of 70 of their sandwich bars & coffee shops across the country. From Dover to Durham and from Ipswich to Exeter, EM&F have been successfully finding buyers – often first-time business buyers – who have recognised the rare opportunity in purchasing a Cooks store. And there are 15 stores still available including shops in Kent, Devon, Essex, Worcestershire and Merseyside.
So what is special about buying a…
Contrary to rumours and any misinformation prospective Post Office purchasers may have heard, here is the official line from the Post Office and its future:-
“ The £1.34bn funding announced by the Government in November, and their commitment to keep the network at its current size, gives us the platform we need to modernise the Post Office and meet the demands of today’s customers.”
The EM&F Group are very much committed to the Post Office sector as are the Government whose commitment to the …
Despite what you read in the papers or hear on the news the Banks are still lending in the commercial market but our banking contacts tell us that although ample funds are available it is more a matter of there not being the demand to match from good quality applicants for profitable businesses. Our experience at EM&F Business Finance confirms that loans are readily available following a run of successfully arranging finance for potential purchasers who are often buying a business for the first…
They say nothing is cast in stone but that is certainly not the case here where you could not be looking at a more ‘solid’ business manufacturing desirable bespoke Granite Worktops for use in kitchens and bathrooms proving highly profitable. Primarily operating throughout the sought after East Devon region with its affluent residential housing, a valuable client base is maintained ensuring a great deal of regular trade with ample work in hand. Owners benefit from easily accessible manufacturing…
With more people looking for a new venture whether buying or selling a business, abiding by a well-structured business plan, common sense and professional advice are important resources when approaching such an important change. Starting in the right way can help minimise future pitfalls and unexpected costs. The term ‘business plan’ is used lightly and many people don’t know where to start with developing one. Without a well-structured business plan problems can occur creating a barrier to mov…
From our experience Banks are still lending. The High Street Banks that we deal with are regularly granting new loans particularly in the market where we operate by arranging finance for clients who are often buying a business for the first time. Our introduction will secure very competitive terms which ensures that loan repayments will be kept as low as possible.
EM&F Business Finance has enjoyed a sustained period with funding being approved for both freehold and leasehold / goodwill & asset…