Prospective licensees who are thinking about buying a pub can get some valuable advice thanks to a new publication from licensed property agent Christie & Co.
The company has published a book called How to Buy a Business, which has been written for Christie & Co by communications and business consultant Andrew St George.
The book is ideal for first time buyers and guides readers through the various stages of buying a pub and the options available.
It is also a useful guide for existing pub owners as it offers expert advice on many issues, including finances and business plans, statutory regulations, structural surveys and valuation reports.
The book goes through the whole process of buying a business.
It covers: deciding to go into business, asking yourself which business is right for you, assessing potential businesses, valuing businesses, financing and insuring your business and getting started on your own.
Advice specific to the pub trade includes: Are you right for the licensed trade? What kind of pub do you want and where? Is this the right pub for you?
It also covers the variety of options available for managed houses, tenancies, leasehold and freehold pubs and gives advice on reading pub accounts and on improving the business.
Case studies of people who have successfully bought their own business are also included as well as tips, advice and a resource section which points the reader to other sources of information.
The 240-page book costs £11.95 plus postage and packaging.
For more information visit www.christie.com