Acquiring a project
Whether you are already working in a specific
business sector, or you want to start to work in it, the
option of buying a project which is already started can be in
either case a very beneficial operation for your company. If
you are already in the business, your ability to assess the
technical aspects of the project will be an easier job, even
if the financial side and viability is another story. On the
contrary, if you come from a different sector or you are
taking your first steps as an entrepreneur, the task is
significantly more complicated because not knowing the sector
in depth will be a handicap.
To do this operation correctly you need first hand and
qualified information, both for technical and business
aspects. Both are immensely important and must not be taken
lightly. Therefore, the first step to take is to figure out
where one stands, where one intends to get, how one wants to
start and what budget is available for investment. Value the
implications of starting from scratch as opposed to starting
from a few steps further, as it can be very different. It is
not the same to achieve viability and profits in a few years
or to have the possibility to get there in just a few months.
Value a reduced launch time frame as a priority.
Evaluate the cost of getting there, in a realistic way, in
terms of time and money. Are you ready to do it? Are you well
prepared to undertake it?
First think of how long it would take to get to that position,
that level. Then calculate how much money it costs to maintain
a team working during the time to get to that point, your
initial target. With these figures in mind you can start to
get an idea of the value of the project, how much does it make
sense to pay for it. Now take into account the benefit of an
almost immediate start, which is limited to the time needed to
transfer all the corporate information. There is no doubt that
to buy a project can be a very beneficial option, very much
worth considering. Value it before deciding hastily to
undertake actions for which you might not be prepared. If on
the other hand you are prepared from a business perspective,
value it as a way to expand your range of products or
services, or as a faster way to introduce yourself to a
specific market with a sensible investment, and later you can
adapt it and shape it to your way of doing things.
What do you buy when you buy a project?
You buy a planning.
You buy assets.
You buy a contact portfolio (Suppliers, factories, press,
etc.).
You buy a client portfolio.
You buy the development of a project and its products.
You buy the stock (which can include products ready to sell,
prototypes, samples, etc).
You buy the technical material, everything related to
intellectual property (plans, drawings, sketches).
You buy the intellectual property (patents).
You buy the business property (corporate image – graphic art
and creativity, online development, etc).
You buy the real estate property (if there is any and/or they
are included in the transaction).
If you are considering the possibility to enter a new sector,
expand your company in business and/or commercial terms,
acquiring a new project to reach out more and better, or
simply to explore new paths, you will probably have countless
doubts. Contact us and you will receive top level advice.





