BRANDING & POSITIONING ANALYSIS
Grow Your Business
Looking to develop your business but not sure where to turn? Need help planning or executing your next project? Let us guide you. Any organization can move forward with small incremental changes, but building for the future in today’s rapidly evolving environment means taking bold chances and making insightful decisions.
Strategic Planning Session
With more than 8 years of experience, our staff has the capabilities and expertise to take your business to the next level. At Goodwill Accounting and Consultancy Services, we combine our insights and skills to transform your processes and strategies, and in turn, your company. We’re proud to help shape and improve how our clients structure and manage their business.
Achieve Your Goals
We examine what organizations are doing to stay relevant and competitive in this fast-paced world, and which ones are doing it best. We then strategise using smart tools and global resources in order to understand the implications of every choice our clients can make. Get in touch to learn more about how this service can help you.
BUYING BUSINESS OVERSEAS OR BUSINESS EXPANSION
When you buy a foreign business you are buying access to a new marketplace. Following an acquisition, you are likely to take over an established business, with a recognised brand and some loyal customers. You will also have suppliers established from the outset and, from a rules and regulations standpoint, the local authorities will often continue to regard you as a local business.
Consider buying a distressed business:
Just because a business is struggling doesn’t mean that you could not turn it around; buying and investing in a distressed business could be a good tactic for some companies. For a company that has a flaw such as poor management or poor cash flow, you may be able to grab a bargain before breathing new life into the operation.
Engaging our professional services:
1) We will carry a thorough review of your target's financial records. With the help of translation services, if the business is based in a non-English-speaking country, you will be able to access and analyse the company’s financial records. Establish whether the business has large debts, what their turnover and profit is and how reliable their cashflow is.
This process not only helps you to identify any problems but can also help you to focus on areas that may need attention once you complete the purchase.
2) We have native speakers and translators services on hand to help you work through any language barriers in documents and perhaps interpreters for meetings.
3) Finally, we can’t talk about acquisitions without mentioning due diligence; perhaps the best way to mitigate the risks involved with buying any business, particularly one based in another country. The use of effective translation services is essential at this stage.
- Strategic fit
- Taxes
- Litigation
- Corporate structure
- Assets
- Intellectual property
- Contracts
To sum up, providing you have great translation experts onboard, buying an overseas business can be a fast track to international expansion for an ambitious business person.
It’s advisable not to underestimate the differences between working cultures in various countries and do everything you can to avoid missing out on personal connections with sellers just because you can’t share a few words in their language.
Book an appointment with us for a free consultation.
FRANCHISE / INTERNATIONAL FRANCHISE CONSULTATION
Knowing your Franchise:
1) Initial Research:
Once you’ve identified a few franchises to open, do your research and choose to open a franchise that fits your needs. The following are important factors that you need to consider when choosing a franchise:
- Personal preference – What type of franchise business you would like to own (e.g. food & beverages businesses, technology-related products, other kinds of services)?
- Cost of the franchise – What is the total cost of the franchise (including the franchise fee, property lease, training expenses, equipment, insurance, and more)?
- Internal policies and other rules/guidelines – What are the franchise’s internal policies and regulations? Do they work with your personal management style?
2) Is this a stable franchise to purchase and invest?
The FDD is a document that discloses the franchise’s history and track record. It is an extensive document that equips a new buyer of a franchise with full details as to what they are about to purchase.
FDD outlines the franchising rules, fees, your responsibilities, and other important information including their financial and legal history. It’s important to read these rules and regulations and ensure that you can fulfil your obligations to the franchise.
3) Getting analysis report support from our professional team:
The world of franchising has become complex and global that many potential franchise buyers and sellers need specialist assistance to interpret the vast information available and to conduct thorough comparison among available options. The firm has the appropriate know-how, resources and set up to assist franchise buyers and sellers in research, due diligence and decision support.
Goodwill A&C has partnered with professionals world wide in all industries. We have full package from Initial research, analysis report, process to operations and after-sales services.
Book an appointment for a free consultation now.
OVERSEAS MIGRATION
Traditionally, there are a few ways to get a second citizenship:
1) Ancestry: If you are lucky enough to have parents, grandparents or even great-grandparents from the right country, you may already be eligible for a second citizenship by descent.
2) Time: After you live in a country long enough, you can become eligible for a citizenship or "Permanent Residency" Status.
3) Flexibility: These are unconventional ways to get a second citizenship and passport, such as giving birth in a foreign country, marrying a foreign citizen or even changing your name and religion.
4) Money: This involves taking advantage of a citizenship by investment program to legally buy a nationality and thus acquire a second passport.
5) Buying over business: Alternatively, there is also an option to obtain a PR status (Permanent Residency)/ Visa which also provide a second passport which allows the PR citizens to live and work in the foreign country. Simply buy over a business and live in the country long enough to obtain the PR status.
Why us? Goodwill A&C has direct partners located in overseas to assist in processing documents and legal advice.
Top Asian Citizenship Program Countries:
1) Singapore
2) Malaysia
3) Thailand
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