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Over the last 6 years, the Spanish economy has seen very strong economic growth which has enabled it to recover from a harsh recession.   There have been some indicators that have exceeded pre-crash levels but it did begin to falter in 2018, however, 2019 ended with 2.2%.The appeal to live in Spain is still there and we at Business Broker Spain are receiving inquiries from all over the...

Once Business Broker Spain has been instructed to act on your behalf in the sale of your business, we take full details of the business and internal and external photos. Part of the discussion with you the vendor is to ascertain if the business is being sold confidentially or if you prefer a full description and photos for the marketing. The complied details of the business are passed to Mr Nigel...

Selling your business can be daunting if you have not experienced it before. Therefore it pays to have a broker that understands your needs and the process from instruction to completion. Business Broker Spain has a wealth of experience in Spanish business sales; its Directors have over 25 years combined experience and sold their first business to a family from the UK in 1990. Time and experience has...

A business should always have a business plan; initially this will capture the strategic operational and financial aims of the business, which will be adapted to as your business grows. Ideally the potential/business owner should write the plan, but write it in the perspective of the audience. What’s the purpose of the plan? Is it for personal use to refer to? Or is it to secure finance or...

Both positive and negative employee morale have a significant effect on an organisation’s bottom line. Employees with high moral show up to work on time, spend more time actually working, show improved communication, creativity, and have longer retention rates. The opposite is true when employees have low morale. The number of sick days is increased, more time is spent gossiping during work hours,...

Business Brokers act as intermediaries between buyers and vendor's of a business. They may represent either party in the transaction, and do not take possession of goods or property, or deal on their own account. Brokers fill the important marketing function of bringing buyers and sellers together and helping them negotiate mutually beneficial agreements. In addition, they facilitate transactions by...

For those of us living in the Eurozone and earning out of the UK the last few months have been bonanza time. We have seen the Euro steadily rise to the dizzy heights of 1.42 to the Pound.  The Pound has gone from strength to strength in the last week as investors worst fears over Greece fail to materialise at the moment! Also there is strong likelihood of the UK raising interest rates before the...

We all know Marbella and what's associated with it, glamour, wealth, jet set, etc. I suppose it's human nature to be liked to be seen and noticed, and the visitors of Marbella are no exception! However a 25 minute drive east along the AP-7 and you will find a totally contrasting town in Fuengirola. The foothills of the mountain range behind the town to the south are the site of Sohail Castle, which...

Spain has passed a law to allow investment from citizens of non EU countries to become residents of Spain via the “Golden Visa.”  This visa is obtainable if the investment into property is of 500,000E or over. The investor is allowed to purchase more than one property, commercial property or land to arrive at the figure of 500,000E.  With no specific requirements the investor is able to...

If you ever spend Christmas in Spain one of the first things you will notice is that it isn't commercial as other western countries. There is a hardly a fairy light or Christmas tree to be seen until mid December, and the town and city centres showcase nativity scenes known as Belénes which depict the life in the village where baby Jesus was born. These Belénes always include the Three Kings, Mary,...

Easter in Spain or as the Spanish call it Semana Santa is probably the biggest and most important event of the year. The Spanish Catholic church celebrates this time of year with Domingo de Ramos (Palm Sunday) and end with Lunes de Pascua (Easter Monday). People in every town and city get involved in processions and celebrations, it's as if all Spain comes alive! Celebrations vary from town to town but...

Business Broker Spain and everyone associated with our business has worked incredibly hard over the years to become the leading business brokers in Spain, we have experienced the boom and we have seen the harsh realities of a crippling recession that gripped the whole world. I think Business Broker Spain can speak for the majority of expat business owners here in Spain and probably in the whole of...

Most people don't seem to realise there are better deals to be had when dealing in foreign exchange.  The majority of people go to their bank simply because they haven't researched alternatives or because they like to be in their comfort zone and probably don't like change. This is a strange conundrum for me because we deal with people who are changing their lives and have just ultimately made their...

Mallorca, also spelt Majorca, is one of the Mediterranean’s most beautiful locations and provides entrepreneurs with the perfect opportunity to establish a highly desirable lifestyle. With the frequent sunshine and a continuous influx of holidaymakers, it is easy to see why so many people view setting up business in Mallorca as a lucrative and enjoyable venture. Mallorca is the largest of Spain’s...

June 23rd 2016 - The UK referendum on leaving the European Union, the result shocking the rest of Europe and the World and sending markets in turmoil. Then on November 8th, 2016, the world was stunned to learn Donald Trump was going to be the next President of the United States of America.  Both results were unexpected and the consequences will change the world as we know it. The UK Prime Minister...

Discover Mallorca and fall in love with it's charm and character, we guarantee that you will. The turquoise sea, fabulous beaches and hidden coves, small villages effervescing with character and a modern vibrant city it's impossible not to! The island is steeped in history however very little is recorded of the earliest inhabitants of the island. Burial chambers and traces of habitation from the...

The Spanish economy is experiencing continued growth and the future is looking bright. The Spanish economy expanded at a sturdy rate of 0.8% in Q1, the unemployment rate is falling and there is a real sense of optimism in the real estate sector throughout Spain.  The export sector is benefiting from strong global demand.  The IMF predicts that the UK (2.0%) and the US (2.3%) will be among the...

Having lived in Spain for over 13 years, I hope I can give a comprehensive answer to the question which I get asked on a daily basis.  Once you have made the move my advice is to embrace the culture as soon as possible, this will take some getting used to.  For example banks only open half from 8.00 am until 2.00 pm, the famous siesta from 1.30 pm until 4.30 pm where you will find the streets...

There's so much to consider when contemplating purchasing a business in Spain. Not only are you probably going to be a business owner for the first time but also be living in a foreign country for the first time, all very daunting and confusing but equally exciting! Once you put all these "ingredients" into the pot you soon realise there is an incredible amount to plan for, what kind of business will...

The Difference Between Leasehold & Freehold For many people purchasing a business here in Spain they will encounter leasehold and freehold opportunities, and when walking down any street you will notice signs in business premises "Traspaso", which is Spanish for a leasehold sale. A leasehold purchase you are buying the "business" and the fixtures and fittings and a freehold purchase you are buying...

"Before Anything Else, Preparation is The Key to Success" - Alexander Graham Bell So you have decided to sell your business after years of hard work building it, we understand what it has taken to get to this juncture, blood, sweat and tears. Owning your own business isn't easy and you deserve to achieve the best price possible for your commitment to the business. As Alexander Graham Bell said,...

For many expatriates, their dream is to move to Spain and open a business, but it is of course very difficult to know how to go about this and to ensure that all negotiations are in accordance with local regulations. It is a wise person who looks for advice from professionals, and Business Broker Spain has been established since 2011 as a commercial Real Estate agent providing brokerage services for...

For many people when they think of a new life in Spain they automatically think of living in Marbella, which is renowned for it's high life style and the place to be seen. The reality is somewhat different, clients don't expect the high cost of real estate and the living costs, hence the reason why the towns and suburbs near to Marbella are a thriving hive of activity with many expats making themselves...