Field Research Report

Introduction:

Factors in deciding to sell or not to sell a developed business:

            There are some factors that help anyone whether to sell or not to sell the existing business. The main factor is that is your business is ready to sell or not. If you've chosen to offer your business now or in the following couple of years, you may stop and inquire as to whether anybody will need to purchase your business. Is your business going to be appealing to buyers? Will they value the business as much as you do?Entrepreneurs are every now and again uninformed of what purchasers’value and are shocked when they go to offer and discover that their business isn't equipped or won't bring the significance they need. A solid reinforce group can help you boost the cost of buying the business.

Key players on your business bolster group incorporate a money related counselor, CPA, lawyer and speculation financier. Regardless of the possibility that you have associations with counsels in these claims to fame, ensure you amass a group that is best ready to refine and execute your leave procedure. Consequently, set aside theopportunity to meet planned colleagues for abilities, achievement in comparative circumstances and general fit. Ensure all forthcoming and last colleagues consent to nondisclosure arrangements, which will help secure your organization's private data.If your business is enduring falling benefits or different anxieties, this is certainly not when you ought to hope to offer since it shouts fire deal.

On the off chance that there is lost enthusiasm from organizers or shareholders, or individual issues among the administration group, a prepared acquirer will rapidly get on that.

Method:

            For the method, I choose the questionnaire and interview for the field research. Participants I sent out the questionnaire to the English 2000 class and also to students in my business classes. The questions in the questionnaire were created using open and closed questions. Questions regarding business asked the participants, and they gave their opinion on the questions. Questions were asked online to the participants one by one. They gave all the answers very accurately and correctly. Now for the second type of field research, I interviewed two business professionals who own concrete and gravel service companies. I asked them questions regarding their business and the process they went through after having recently sold one of their companies. I have learned a great deal of things about their business and then I combine the results that I got from the students and their professors. I receive knowledge about my topic to steer me in the right direction of the process.

 

 

 

 

 

Results

Questionnaire

1. Are you more likely to buy an existing established business or a start up that you feel has potential?

2. According to you, what factors influence you to purchase a product?

3. If you were to buy an established business would you continue to run the business the exact way it has been running that has generated a lot of success or would you change the process, sell new product and operate completely different?

4. What are the factors that you would consider when selling any product?

After administering the questionnaire, I get the opinions of the college students. The questionnaire plagued, large number individuals attempting to choose whether to purchase an existing autonomous business, an establishment, or what we'll allude to in this content as a business opportunity. More people said that they would buy an established business rather than a start up and would only change the way the company is run if they felt it could be more efficient. Those who said they would buy a start up over an established business said they would also keep it the same as is has always been run with a few minor tweaks in the system here and there. A very small percentage of those who participated in the survey said they would change the business completely to run as something totally different. Think back to elementary school when your teacher was clarifying the distinction between a rectangle and a square. A square is very similar to a rectangle. However, a rectangle isn't a square. A similar relationship exists between business openings, independent organizations available to be purchased and establishments. All institutions and independent organizations available to buy are business opportunities, yet not all business openings meet the necessity of being an establishment nor are they in the strictest feeling of the word independent organizations available to be purchased.

Discussion

In conclusion, the examination performed on the informationthat has been gathered seems for providing a reasonably exact perspective of a normal value speculator. For a few business people, purchasing a current business speaks to a lesser degree of hazard than beginning another business without any preparation. While the open door might be less unsafe in a few viewpoints, you should perform due constancy to guarantee that you are completely mindful of the terms of the buy.

 

 

Attachments:

• 1501512797-Field Research Report Final Draft.docx