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The first step to buying a motel or accommodation business
Before you start looking for a suitable motel or accommodation business, it is recommended you determine how much you can comfortably afford to borrow. Let’s consider a Freehold Going Concern motel for a purchase price of $1,000,000. Based on typical lending LVRs the maximum borrowing capacity would be $700,000 (or...
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Tips to manage energy price increases
Following is a summary of tips on ways small businesses can save money by minimising the impact of energy price increases: Snapshot: After an uncertain few years, rising energy prices have put salt into the wound for small businesses looking to stay afloat. Sharon Musker of WiseUp Energy says...