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If you are researching buying or selling a business, our Knowledge Centre is a great place to start. You’ll find it packed with articles and downloads that are a valuable resource when doing your homework and planning your next move. Read the latest advice and features from our business experts to get the answers you need.

Understanding New Zealand Immigration Changes: The Skilled Migrant Category

In April 2017, the government announced key upcoming changes to New Zealand's immigration policy. One of those changes, which impacts the skilled migrant category, is scheduled to be implemented in mid-August. The changes bring both benefits and possible disadvantages for accommodation businesse...

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Three Reasons OTA Rates Aren't Evil

Rates charged by online travel agents have sparked plenty of controversy, especially as GST registration requirements have increased the rates some companies charge. OTA agreements can also limit the deals hotel and motel owners can offer.

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Restaurants, Cafes and Bars Fear Future Struggles in Light of Immigration Changes

A recent post detailed New Zealand immigration changes businesses can expect to see in 2017. While changes to the skilled migrant category and temporary migrant rules will potentially impact business across all industries, the accommodation sector is especially sensitive to the changes. Within the n...

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How Do Motel Maintenance Funds Work?

Maintenance accounts are typically a consideration when a hotel or motel business is leasing property from a freeholder. This is because motel and hotel leases are very different from other types of property leases, especially when it comes to who is responsible for upkeep and maintenance. Logically...

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Health and Safety: First Aid at Work

Every year, thousands of people suffer injuries at work, and many of them are treated by first aiders. They form a vital function for many businesses, particular when interacting with customers who are ill, and it's often a good idea to have someone who is first-aid trained on staff. However, fo...

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Boost Booking Numbers via Effective Use of Online Tools

Online booking options let potential guests conduct business with your establishment 24 hours a day every day of the year — even if you're not answering phones or handling reception desks all those hours. The advent of online booking engines and hotel websites lets customers from around th...

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Tauranga, Mount Maunganui Accommodation Specialist

Over the past 6 years Gordon Fridge has become the pre-eminent tourism property broker in Mount Maunganui, Tauranga and the wider Bay of Plenty area. Gordon has sold almost all the Management Rights properties (& motels) in  Mount Maunganui and is regarded as something of an expert in Manag...

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Why You Should Use LINK to Buy or Sell Your Motel or Hotel Business

The decision to buy or sell a business is often a momentous one; it can be part of an overall strategy or forced by changes in your personal circumstances. Typically, business sales are caused by retirement, illness, a desire for change or financial reasons, and the decision to buy a business might ...

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Buyers Mandate: What You Need to Know about Brokers Working for Buyers

The Real Estate Agents Authority (REAA) mandates that brokers working for the seller put the seller's best interests ahead of buyer desires, which means those brokers work to get the highest possible price for their clients. REAA rules also state that brokers can't quote properties they don&...

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How Is Immigration Affecting the New Zealand Accommodation Sector?

New Zealand has long been a target for migration, particularly from Europe and Asia. Indeed, around 69 percent of New Zealanders identify as coming from European descent (mostly from the UK), and approximately 9.2 percent are from Asia, with Maori making up 14.6 percent. Immigration has a major role...

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Management Rights in Mount Maunganui

It's a holiday paradise. It's a place of fun and relaxation. It's Mount Maunganui.

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How New Zealand's Tourist Arrivals Have Grown

New Zealand is a country of immigrants, with less than 15 percent of the population consisting of Maori. Immigration has long been associated with Europe, with the vast majority of those from the United Kingdom, so it's of little surprise that family visits were the original focus of tourism.

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Creating an Accommodation Business Plan

A good business plan is vital for any business, and accommodation businesses are no different. In many cases, it can be difficult to know where to start, so here are some tips for creating a good accommodation business plan.

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Buying or Selling a Motel - What Information is Necessary?

When buying a motel, it's important to understand the business financials. Typically, these will be present in documents provided by the seller during the purchase process. The right documents let the buyer verify the financial health of the business and the various obligations that may come wit...

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Health and Safey at Work in Accommodation Businesses

The Health and Safety at Work Act 2015 is the defining piece of legislation that enshrines corporate responsibility to employees while they're at work. It requires businesses of all sizes to take reasonable measures to eliminate risks and ensure employee safety. While the uniqueness of each busi...

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Is Franchising Right for You?

Perhaps one of the most famous franchises around the world is McDonald's, which offers a ready-made brand, but there are also accommodation franchises with similar reach and opportunity. Investing in a franchise often means that you get instant brand recognition without having to build it up ove...

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How Accommodation Businesses are Valued: Key Considerations

Selling a business often relies on accurate valuation, which depends on several factors and the main method of valuation that you use. Most forms take into account the earning potential of the business, the length of the lease, what else is included and the options for expansion.

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What does the Malaysia-New Zealand Trade Forum mean for New Zealand?

The recent announcement that Malaysia is to expand collaboration with New Zealand to improve New Zealand-Malaysian interests has been met with broad intrigue. The 150 investors and businesspeople who were at the forum led by Trade Minister Todd McClay were told about various investment and trade opp...

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How New Zealand is Perceived Abroad

How New Zealand Is Perceived Abroad Easy-going, free, and prosperous: These are words that would reverberate with many New Zealanders. Yet, how is New Zealand perceived around the world? For a country that has nearly 4 ½ million people, it has made an impact on many cultures. Australia Aus...

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Earthquake-Proofing in New Zealand: A Digest

Earthquake-Proofing in New Zealand: A Digest Since the 2011 Christchurch earthquake, there has been substantial interest in earthquake-proof buildings, and the University of Canterbury has been at the forefront of research. The key goal is to preserve life as much as possible, which means designing...

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Targeted Rate Will Effect Business Values

Targeted Rate Will Have an Adverse Effect on Business Values One of the biggest problems with the proposed targeted rate in Auckland is that it will have a significant effect on property values, with both minor and major players losing out. These losses could have a large knock-on effect across the...

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Tourism Looks Healthy for NZ to 2022

2022 Tourism Looks Healthy for New Zealand New Zealand tourism shows substantial promise, with a very healthy outlook to 2022. Currently, the tourist sector directly employs 7.5 percent of the New Zealand workforce, and total expenditure was $34.7 billion for year-end 2016. Tourism generated about ...

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New Zealand Infrastructure and Tourism: How NZ is Increasing Visitor Traffic

New Zealand Infrastructure and Tourism: How New Zealand Is Increasing Visitor Traffic The United States is being seen by some as a less friendly tourist destination thanks to the new Trump administration's focus on immigration. Recent tensions between the United States and North Korea are affec...

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Lease Terms and What you Need to Know

Make Good In the context of a lease, “make good” is the process through which the tenant affects repairs to the building upon removal of the goods. In particular, it often refers to repairing damage to the walls caused by fixtures such as wall hangings, but it can refer to any other form...

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What are the Advantages of a Channel Manager?

What Are the Advantages of a Channel Manager?  A channel manager lets you easily manage your hotels rates and availability distribution across various third-party sites simultaneously. Its function is surprisingly simple: You manage your bookings by changing prices, inventory and inclusions wit...

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Latest Statistics for Tourism and Hospitality in Northland, New Zealand

Numbers regarding tourism and hospitality in Northland were recently published by Statistics New Zealand, which is catching up on monthly reports in the wake of impacts from the November 2016 earthquake. Metrics show continuing and solid growth for the area, which has seen a total of 1,844,789 guest...

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Big Changes Show Promise for Accommodation Providers near Mount Ruapehu

With great change comes great responsibility, and the $100 million investment plan at Mount Ruapehu is definitely bringing great changes to the local economy.

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Reducing Rent and Motel Costs: Two Key Challenges

Rent is one of the biggest costs that motel operators might face, and it’s one that has gradually risen, even as service expectations are increasing and revenues are dropping. Most motel operators were originally told that gross income should divide into roughly three equal parts to cover rent...

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Target Rates Proposed by Auckland Council - will this set a National Precedent?

Due to the protests of commercial accommodation providers, Auckland Council had a hearing on March 20, 2017, meeting with various affected parties regarding proposed targeted accommodation rates. These rates had been vilified as being unfair, inappropriate and inequitable.

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Understanding Management Rights

Buyers looking to get into the tourism industry need to consider a variety of aspects, including management rights. However, there's a significant difference between motel leases and management rights, and it’s crucial to understand this difference.

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Targeted Rate: A Slippery Slope

In late March 2017, Auckland Council was abuzz with presentations and arguments both for or against a targeted rate on accommodation providers. The potential rate was part of the council’s 2017/18 annual budget, and it’s drawn a great deal of attention from those in the motel/hotel niche...

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The Importance of TripAdvisor to Your Accommodation Business

Those in the hotel, motel and general accommodation business know that TripAdvisor can give and potentially take away business. The site, which lets travellers search for deals on holiday rentals, hotel rooms, flights and dining options, includes user star ratings and written reviews alongside every...

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Why you Should Consider Moving to Northland, New Zealand

Are you ready for a change of scene? Perhaps you’re looking for lucrative business investment opportunities in New Zealand? If you are ready to move to a country which offers exciting business opportunities balanced with an unmatched lifestyle for your family- Look no further! Consider Northla...

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Preparing Your Business for Sale Using a Business Broker

Now that you are considering selling your business, a well-planned approach to the process is required to ensure you are selling at the right time and will achieve the best price for your business.

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Managing Director for LINK Australia Announced

Australian Institute of Business Brokers announces Mark Jason’s appointment as Managing Director for LINK Australia.

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Finding Your Perfect Franchisee

The success of a franchise depends on the quality of the franchisees. This is why, when selecting your franchisees you must be rigorous and thorough.

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Buying a Substantial Business

The sole focus of the LINK's Corporate division is businesses priced from $1 million to $50 million.  Our team of senior brokers is highly experienced, each with many years’ experience. They know the market and will guide you through the stages involved in finding a suitable business ...

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Buying a Motel - Lease vs Freehold Going Concern (FHGC)

Comparing the benefits of lease and freehold arrangements when buying a motel business.

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What to do Before you Buy a Motel Business

What to do before you buy a motel business

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Buying a Franchise Business

Franchising is often described as being like a marriage – a long-term relationship where both parties must trust and respect one another.

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Valuing Your Business for Sale

Determining a fair market value for a business is not a precise science, and can vary depending on the type of business and the reason for a request of a valuation appraisal.  There are a wide range of factors to consider – from the book value of the assets, to a host of intangible elemen...

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Buying a Farm or Rural Business

LINK Rural was formed to address the need of rural business owners to have a better quality of agency conducting the sales process.

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