Usually my blog is about giving out opinions and useful information in relation to motels however this time it’s a bit of a reversal and I am asking you for your help by letting me know what you look for in an advertisement for a business.
This is a question which is probably relevant to all real estate sales but perhaps seems to be a bit more complicated with a business sale. Where do we draw the line between confidentiality, the need to show the business information and what details buyers are looking for?
There are probably two views on this subject: one being that the purpose of the information is to encourage a prospective buyer to contact the agent and so if there is too much information on the advertisement there is no need for contact and the agent may miss a potential buyer. The other theory is that an agent needs to put as much information as possible on the advertisement because today’s buyers are much more research savvy and will only call if they have enough details to think it is worth calling about.
If the add is full of photos does it stimulate the interest or does it take the emotional element of the real life touch and feel of the property away from the decision and the buyer makes a decision not to take the inquiry any further and by not contacting the agent eliminates the possibility of gaining more knowledge which could influence their decision.
As buyers of a business what do you expect to see in an add, what makes you revisit a website, and what information do you look for? Do you want long padded details for instance how each motel room is set up the number of beds etc, or is it just the basic facts such as the length of lease, number and type of rooms etc.
What really makes you pick up the phone and enquire in person?
June 23 2009 | Changes in Motel Trends and Entering the Motel Industry and Uncategorized | 4 Comments »
Motels like all businesses must abide by the holidays act. However the nature of the employment conditions within the industry make it a difficult act to abide by for many motel owners.
Most cleaning staff have permanent part time employment with variable hours. When it comes to allocating holiday entitlements this causes a lot of confusion and difficulty for many. Is the holiday day a “normal working day” for that staff member? How many hours will they be paid as holiday pay if they don’t work on a Statutory holiday?
Th following article describes a review of the act which given the right environment may recognise the difficulties some businesses have working within the frame work of the act. I would envisage that MANZ will be doing their best to have an input in to any submissions or opportunities to interact with this working group and as usual put forward the united voice of it’s many members.
Published: 11:29AM Wednesday June 03, 2009
Source: ONE News
The government has set up a working group to review the Holidays Act – a piece of legislation that has been criticised for its complexity and compliance costs.
Minister for Labour Kate Wilkinson says the working group will review the calculation of daily pay, trading annual leave for cash at the employee’s request, and transferring the observance of public holidays.
Business NZ has welcomed the review, saying it is “well overdue” and has been a headache for employers since it came into force.
“The business community has made its concerns known about the Act since 2003 and we are pleased these are finally being heard,’ says Business NZ CEO Phil O’Reilly.
O’Reilly says among other things, the formula for calculating holiday pay uses irrelevant variables and is so complex that it significantly increases payroll administration costs in many companies.
The working group has five members including one each from Council of Trade Unions and Business NZ.
It will submit its report by the end of the year.
June 03 2009 | Articles for current moteliers and Changes in Motel Trends and Uncategorized | No Comments »