Is buying a florists still a good business and or online florists?Ireally need to gain as much knowledge as possible|||1st step prior to anything, see their books for the past 5 yrs. if they won't show you the books, leave, they are hiding something. if their books haven't increased at least 5% on average each year, leave, its a dying business. check the companies credit history, etc as well.
if all that passes, then its matter of talking about the deal, keeping the biz name, not accepting the company debts, payment terms, bank loan, etc, etc.
no. 1 step, books, for that is the base of the company, all the rest is just decorations.|||1800flowers is number 1 online florist and they do a good job|||open your business near a funeral home|||I can't provide a definitive answer with regards to the current status of the floral industry, however, here is a link below regarding buying a small business. . .some things to surely think about.|||The best way to make a business flourish is to know your market. Just like buying a house it is all about location. Sure, set up next a funeral home. But do not limit yourself. Check out the competition in the area. This will give you an idea of what to expect from competitors. Online flower companies are nice and less pricey, but it is the last minute ideas, or the husband/boyfriend that needs to get those flowers ASAP!
Call around to see how their business is doing. Go to their shop see what they might be missing. Or, what ideas work and the ones that don't! If you have any more questions e-mail me at ryansven@yahoo.com I am a business consultant (independent). I hoped that will help you.
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