Reasons for selling:
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One of the owners has reached the age where he wishes to retire and the other owner wishes to pursue other business opportunities. |
Market competition and expansion:
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A high proportion of the business’s revenue has been due to its excellent reputation for quality and service that has always ensured a constant stream of repeat business and strong word of mouth recommendations.
They presently do not advertise at all relying solely on recommendations from customers and repeat business. In the same way a professionally designed website would enhance the business and open far greater opportunities for further business growth. |