IMPARTING KNOWLEDGE AND EMPOWERING THE PEOPLE

As a full-service  Property, Training Academy, Business & Networking  brokerage, Renwick Business Network offers a wide range of professional services, thereby assisting Sellers,  Buyers, Estate Agents, Brokers & Entrepreneurs  to achieve their full potential through their business endeavors. RENWICK offers:-

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  • Property appraisals
  • Business valuations
  • How to Buy a property seminars
  • How to buy a business seminars
  • A unique Business Networking & Directory division  (see Homepage Networking)
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  • Training on how to draft management accounts
  • Training on how to conduct a due diligence exercise
  • Training on how to manage your own business
  • Training on how to set up an accounting system for your business.
  • Training workshops for business brokers, estate agents and Principals
  • Training on how to draft a business plan

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  • How to advertise your business on our business network.
  • How to advertise your property or business
  • How to advertise your property or business
  • Training on how to do a cash flow projection.
  • How to qualify potential buyers  etc etc etc

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Should you require Renwick Business Network to sell your business for you, this is what we would require  from:-

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Seller:

To list your business for sale with Renwick Business Network , we require the following documentation and information from you:

  • Our detailed and confidential “Mandate to Sell” document which can be faxed or e-mailed to you for completion, or brought to you personally by one of our highly qualified consultants.
  • A detailed Asset Register reflecting the second hand value of such assets (not the balance sheet depreciated value or the replacement value).
  • The last 2 years Financial Statements for your business (signed by the Seller & Accountant).
  • The last 2 years VAT Returns.
  • The last 12 months monthly Management Accounts (excluding your personal expenses).
  • A copy of all licences necessary to run your business.
  • A few photographs of the business (optional).
  • A copy of your present Lease Agreement.
  • A copy of your Franchise Agreement (if applicable)

Tip: If YOU were buying the business, what information would YOU expect?

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Buyer:-

Renwick Business Network  is the only brokerage that offers a FULL business broking service. Our services to you as the prospective Purchaser of a business include the following precautionary undertakings to assist and facilitate in the submission of loan funding applications but more importantly, for your protection.

  • Drafting of Memorandum of Agreement (which protects both buyer and seller)
  • Obtaining a Schedule of Assets from the Seller
  • Assistance with the preliminary Business Plan
  • Assistance with the preliminary Cash Flow Projections
  • Buyers Checklist (optional)
  • The collation of recent History of Revenue & Expenditure of Business
  • Obtaining Financial Statements
  • VAT Returns and Management Accounts
  • Obtaining of copy of current Lease Agreement and licences
  • Assistance with the assessment and authentication of profitability
  • Continuous interaction between the Buyer, Seller and Financial Institution

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RENWICK BUSINESS NETWORK also explores various business finance options for you the buyer, and this is dealt with more fully in our “How To Buy a Business” manual which can be purchased from Our Head Office for only R395.00.