National Brokers Network

Survival Guide for Seasonal Businesses

There are four seasons in a year; for seasonal businesses, there is only at least one season to have the abundant cash flow. Take for example the surfing business. These businesses are only reaping the cash flow during the summer, the season wherein beach lovers go and learn how to surf. Meanwhile, there are others that experience it dry during the summer season.

Although these are the scenarios business owners need to face, there are still ways on how to survive. It all boils down to how you strategise. How do they do it? Here’s how:


Learn to manage your money

As a business owner, the dry season can cost a lot of money when not handled well. But, if you know how, then that will help on how to survive in the long run. This is possible when businesses are able to allot money from earnings during the last high season, as well as knowing how to reduce costs as much as possible.


Find a reliable bank

When the season gets tough, it’s best to have a backup plan — and one is finding a reliable bank. That’s why as a business owner, you should take care of your credit score in order to have loans or use credit cards to pay the bill while there are no stable cash flows coming in.


Offer promotions and discounts

For businesses located on tourist vacation spots, giving away offers and discounts can attract customers during the offseason. An example is a holiday near the beach; not everyone will go to the beach during winter or spring. But, with the right discount rates, you’ll eventually get their attention.


Let creativity run

Find unique ways on how to attract customers to come to the business’ door. This can be special events that many find interesting or the business can start an offseason product line to cater to this time of the year. Another way is developing strategies creatively get in touch with customers so that they remember you and check the business out.

Keeping control of the business during offseason is a challenge for every business owner. And for small businesses, a large population of business owners faces this challenge every year. However, seasonal businesses can still be sold with the right strategy and promotions. Get the help of business brokers victoria to have it promoted on different platforms so that a wider audience can see your offers.

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)