Business Transfer Agents Time The Government Cracked Down On Rogue Operators Who Demand Money For N

Hit by the recession or maybe just retiring or moving on, there are countless owners of small businesses whod like to sell up.

Business transfer agents are supposedly there to help them find a buyer.
But today I lift the lid on a string of them who demand huge fees even when they fail to get a sale, and then sue clients who refuse to pay up.
Rip-off 1: Judge backs family over firms one-sided contractVerdicts on business transfer agents dont often come much more damning than this.

The case involves one of the most notorious firms in this field, RTA Business Consultants.
It failed to find a buyer for a family-run car parts firm but still demanded payment.
When the owner, 70 Celine Pas Cher ( -year-old Andrew Rothery, refused to cough up, RTA sued.
And lost spectacularly.
Its rep Jen Leary bragged she could value a business to the penny but got the price of Mr Rotherys firm wrong by 700,000, Halifax County Court was told.
She lied that she could sell West Yorks firm Holmfield Auto Spares for 1.3m and persuaded Mr Rothery to sign a contract to pay 5,000 plus VAT for marketing, followed by commission on sale.

Suspicious of the high price put on his firm, Mr Rothery had two reputable business sales agents value it and they came up with a figure of 600,000.
So he refused to pay RTA, which sued him for 10,000 in supposed unpaid fees and lost commission.
Deputy District Judge Keith Nightingale threw out the case and was scathing about RTAs terms.
He said: The contract, it seems to the court, has clauses which are wholly one-sided and quite frankly it is a document that does not seem fair or balanced whatsoever.

Mr Rothery and his son Gavin were delighted.
It was the ignorant bad-mannered attitude of the people at RTA which made me determined not to give them money when they had not earned it, he told me after the case.
Ive been in business for 42 years and have dealt with lots of people who want to take money for doing very little.
RTA is one of them.
And Mr Rothery is not the only one to think so.
Andy Stenning / Daily Mirror Trubunal: Paul O’Reilly of RTA

An extraordinary insight to RTA came at an employment tribunal this month.
Former senior salesman Howard Rowlands told the hearing that the boss, Paul OReilly, threatened to punch him in the f***ing face in a row over the firms ethics.
Mr Rowlands said Mr OReilly was ranting and raving.
He said: I spun around and left the office as quickly as possible, I just wanted to get out of there. I felt threatened, seriously threatened.
Mr Rowlands also told the tribunal in Manchester that sales director Paul Mitchell explained how they would make money from a typical business seller, revealing: We want to stitch him up with the withdrawal fee.

Mr Rowlands said: I didnt do fraudulent contracts, thats what caused the animosity. I questioned the ethos and morality.
He explained that clients were unwittingly committing themselves to paying 1,500 even if no sale of their business was achieved.
He said: The withdrawal fee is on that contract for life, with instructions from Paul Mitchell and Paul OReilly not to inform people its there for life.
I raised it at sales meetings, that it was abhorrent. The withdrawal fee is like an anchor. If owners sell it themselves, RTA wants 1,500. If they take it off the market, RTA wants 1,500.

RTA disputed the account of its former sales star, saying it was made up because Mr Rowlands was facing disciplinary action over alleged racist language.
Mr OReilly also claimed that the Mirror had been ordered by the Press Complaints Commission to print a retraction for one of my previous stories about his company.
He was asked to produce this retraction, forcing him to admit: I dont have a copy of it.
Thats because it doesnt exist.

The tribunal ruling was postponed.
Fee free: The Turner Butler ‘guarantee’
Rip-off 2: 50,000 for web advertisingIf Turner Butler failed to sell his building business, Constructive Care, Steve Archer assumed he wouldnt owe a penny.
After all, hed been given a Full No Sale No Fee Guarantee. He said: This was included with every letter they sent out to me initially.
His firm folded after no buyer was found and Turner Butler are now suing him in Hertford county court for 50,000.

Even if they had sold his business at his suggested price of 288,000, Turner Butlers 7% commission would come to barely 24,000.
But there was no sale and Turner Butler, said Mr Archer, expects this huge sum for simply advertising my now liquidated company on free insertion websites, for something I could have done myself.
Rupert Cattell, of Turner Butler, said: We asked Mr Archer for an explanation of what happened to all of Constructive Cares assets while under contract to Turner Butler and he has declined to respond, or to provide evidence as to what happened to those assets.

Rip-off 3: Carol rises to Phoenix feeHoping to sell her gift shop in Bristol, Carol Budd put it on the market with one business transfer agent, and then a second. It was sold to a buyer who was introduced by the first company, she says.
Which has not stopped the second one, Phoenix Business Agents, threatening to bankrupt her if she doesnt pay them 8,600.
Their director Zulf Hamid gave me a big song and dance about how valuable my business was, and wanted to value it at 75,000 but I said that it wouldnt sell for that so he reduced it to 50,000, she said.

Eventually it sold for 28,000 to a buyer who had been introduced by the other company.
If Phoenix had found a buyer for me I would have paid them but Im not going to pay them for a customer that was procured by another company.
These people are targeting hard-working, honest folk.
A spokesman for Phoenix did not dispute Mrs Budds account of its initial enormous over-valuation of her shop or explain why it expects a fee thats almost a third of the sale price, but it insists that the buyer was registered with them.

Phoenix is a reputable business transfer agency, said a spokesman, saying the company hoped to resolve the matter through open and frank dialogue.
Couple: Barrie Hooton and Martin Marshall
Rip-off 4: 400k debts, but firm has shifted assets over to ex-directorLast week I told how Preferred Commercial demanded 5,000 from one poor client whose pub it had failed to sell, sending no prospective buyers apart from one time-waster.
Preferred Commercial is in liquidation with debts of almost 400,000 that it cannot pay. Which does not mean the end of the people behind this company.

If you click on website youre re-directed to an almost identical website for a firm called Vendor Direct.
This even uses the same old Preferred Commercial phone number.
Thats because its assets, including any unpaid bills allegedly owed by ex-clients, have been sold to Vendor Direct, whose director is Barrie Hooton.
Hes an ex-director of Preferred Commercial and partner – both in the business and civil ceremony sense – of another Preferred Commercial director, Martin Marshall.

Rip-off 5: No sale? It still costsNo sale, no fee. That was the crucial phrase in the sales pitch that persuaded Carl Bowman to put his hardware store in Leeds on the market with Ernest Wilson & Co Ltd.
Now he says ruefully: With hindsight I was possibly a little naive to accept the word of their sales rep and not query the terms of business further.
His store didnt sell and now Ernest Wilson is suing him for 4,765.
It was marketed at 205,000 without success, even though Mr Bowman says that he had been told before signing the contract that potential buyers were very keen.

He heard little until Ernest Wilson told him to cut the price to 160,000 and accept liability for their marketing fees.
When he refused, Ernest Wilson took it off the market and issued its court claim.
The firm insists that its terms and conditions are sent to every client and include the clause: Advertising and marketing sac celine ( costs are payable upon withdrawal.
Director Stuart Moorhouse said: We were left with no option but to issue court proceedings.

He pointed out that Mr Bowmans complaint to The Property Ombudsman had been rejected.
Mr Bowman responded by reminding Ernest Wilson that they were fined in 2012 by The National Federation of Property Shuangds.
Its tribunal ruling began: We are disappointed that we have heard three further cases connected with Ernest Wilson, especially as there have been two previous cases, one in 2007 and another in 2011.
The latest case, which resulted in three 750 fines, concerned the giving to a seller client a copy of the agency agreement document for the sale of their business that is not identical to the version the client has signed.

Campaign group fights the roguesTales like the ones here prompted the establishment of the Campaign for Ethics in Business Transfer Agents , a free advice website.
Its spokeswoman said some small firms risk going bust if they pay agents who fail to find them buyers but still demand huge fees.
There are no laws to stop the business marketing agents from producing unfair contracts and then suing in the small claims courts, she said.
We encourage people who have successfully beaten them to help by providing witness statements, copy judgments and transcripts for the next person due in court.

You can find it at website
Read more from Andrew Penman hereBeen ripped off? Contact Andrew Penman by emailing [emailprotected] or writing to Penman Investigates, Daily Mirror, One Canada Square, London E14 5AP

How To Convince A Recruiter That You Are The Perfect Fit

A lot of people have a negative stigma on the term “salesman.” When we think about that word, we conjure an image of that pesky door-to-door salesman in the worn suit, trying desperately to get you to answer the door so that you listen to him for 30 seconds because he can change your life when you buy his Tupperware (Whew, that was a mouthful!)

Well, no, that’s not the way it works. In the real world, everyone is a salesperson of some kind or another, you just don’t realize it. Salespeople are good. Matter of fact, salespeople are great! They make the world go around!

So why are you a salesperson? Well, you sold your university on admitting you to their institution. You might have sold your parents on paying for it. These “sales” may not have been too difficult, but you did them anyway.

Your next big sale is to sell a company on hiring your services! The point I’m trying to make here is that you really need to prepare for your Career fair and for your interviews like you might prepare for a sales call:

Finding out what the company is looking for, what their “ideal candidate” attributes are, and then by explaining how you match those to a T.

Ask questions like:

“What kind of attributes are you looking for in your ideal candidate for this position?”

“Describe for me your ideal candidate.”

“What kinds of specific skills are you looking for?

Use these questions to get them talking, and then probe them with follow up questions for clarification and more detail as you see fit. Asking these questions will give you a great picture of what they’re looking for in the candidate they want to hire. After that, you need to “sell” them on how you match their needs.

Now that you know what recruiters look for, it’s time to talk about how you can convince them that you are their ideal college student candidate.

For some people, this may be difficult, for others, this may be easy. Something that was brought up at a conference recently was the example of an Olympic athlete who was quite nervous before competing. His coach simply said to him “this is just like we did in practice. Nothing different, just another practice.” This athlete went on to win the gold medal.

If we apply that principle to our interviewing, it’s very easy to see that a bit of planning and practice on your interview responses can make all the difference in your outcome.

Planning properly is the key to the whole game, and since you’ve already gotten the answers from your recruiters, it’s all laid out for you! With the end in mind of showing a recruiter that you have “xyz skill,” work backwards from there. If they are looking for those set of skills, what kind of questions would you anticipate them asking during an interview?

For example, if a recruiter wants to see that you are technically competent, they’ll probably ask you questions along the lines of “tell me a time you were challenged by a technical problem, and what you did to overcome it.”

If they are looking for leadership, they might ask “Tell me about a time when you showed leadership.”

Once you have a few questions you think they’ll ask lined up, then you can formulate your answers. Answers should be in the STAR format as my book discusses and shows you how to formulate.

With all of your answers, you want to make sure that every example relates somehow to the attributes they are looking for. If it doesn’t directly relate, but you still have to use it anyway, make sure you can somehow explain to the recruiter how that attribute is transferable to their position.

Now you just need to practice running through your answers a few times, and you’re all set!

Antihypertensives Market To 2016

In 2009, the global anti-hypertensive market was estimated to be worth $27.2 billion, representing a Compound Annual Growth Rate (CAGR) of 5.0% between 2002 and 2009. The market is forecast to reach $30 billion by 2016, indicating a CAGR of 1.5% between 2009 and 2016. The primary reason for slight and gradual growth in the market is the patent expiries of major blockbusters, which are expected to decrease the annual cost of therapy after 2007.

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The global anti-hypertensive market is expected to witness a series of patent expiries between 2007 and 2015, which includes most of the top selling blockbuster drugs in the anti-hypertensive market. The major drugs that are set to lose patent protection include Novartiss Diovan (2012), Sanofi Aventiss Avapro (2012), Novartiss Exforge (2012), Takeda/AstraZenecas Blopress/Atacand (2012), Pfizers Revatio (2012), Actelions Tracleer (2015), and United Therapeutics Remodulin (2014). All these drugs together accounted for more than $19.4 billion in revenues in 2009. Mercks Cozaar patent expired in April 2010. The sales of Cozaar for the year 2009 were $3.6 billion. Pfizers Norvasc, which was once the worlds most prescribed drug for hypertension and angina, saw a sales decline of 12% in 2009 due to genericization in 2007. Thus, the series of upcoming patent expiries in the hypertension as well as PAH markets are set to lead to a decline in the market in the near future. However, due to increased usage of fixed dose-combinations and the entry of generics, the market is expected to rise slightly after 2015.

The current anti-hypertensive pipeline does offer some promising novel products, such as SPP635, Actos, LCZ696, QT1571, ACT-293987, PS-433540, Macitentan and Riociguat, indicated for the treatment of hypertension and PAH. However, the revenues generated from these products are not expected to completely make up for the revenue losses due to patent expiries. Thus, the overall global anti-hypertensive market is expected to show flat growth during the forecast period.

GBI Research, a leading business intelligence provider, has released its latest research Antihypertensives Market to 2016 – Generic Erosion Following Patent Expiry of Major ARBs to Impact the Market. The report provides in-depth analysis of the unmet needs, drivers and barriers that affect the global antihypertensive market. The report analyzes the markets for antihypertensive disorders in the US, the top five markets in Europe (the UK, Germany, France, Italy and Spain), and Japan. Treatment usage patterns, sales, prices and volumes are forecast until 2016 for the key geographies as well as the leading therapeutic segments. Furthermore, the report provides competitive benchmarking for the leading companies and analyzes the mergers, acquisitions and licensing agreements that shape the global markets.

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Best New Smartphones 2014

Best New Smartphones 2014 – Reviews Smartphone news and articles at 10BESTSMARTPHONES.COM

Looking For A New Smartphone? Check Out These Reviews For Some Smartphone News

The following tips and product reviews will help you continue to be in the know for all smartphones on the market today!

News and Notes For SmartphonesApple Announces The Release Date For The New iPhone 6

On September 9, 2014 Apple will announce the new iPhone as well as other gagdgets. From Verizon, ATT, Sprint and t mobile there are plenty of service providers for you to choose between when the new iPhone is for sale.

Meaning A Couple Things To Consider Keep In Mind

1) There is usually novel products and software coming, not only for Apple goods, but expect the technology market to be packed with new Apps, software and devices prior to the winter holiday season.

2) Expect incredible sales on current Apple iPhones and merchandise, which will also cause a price-break on other smartphones, as well as likely new promotions on carrier networks such as t mobile and ATT et cetera.

Check Out Many Technology Review Sites To Learn Comparisons

With the launch belonging to a new iPhone, there will be a vast wave of latest evaluations and comparisons regarding the most recent technologies.

Browse these websites, and many more, that will help you make an informed selection regarding your new smartphone and to sustain apace with all smartphone news.

1) Gizmag’s Smartphone Review – a review of physical specs and features of all current cell phones on the market today.

2) Komando’s Smartphone Chart and Features – THE review that contains the most complete side-by-side comparison for all the most current smartphones.

3) 10 Best Smartphone News – get up to date, simple reviews, tips and suggestions for you to find the best smartphone for you!

There’s a massive amount information already on the net, and we’ve checked out a wide range of blog posts and linked them to assist you.

Several that we’ve targeted are some of the better ones out there and we deemed them given that they’ve compiled wonderful reviews and benefits of high tech wearable gadgets and their reviews of the items.

These are noteworthy resources for you to have a look at things you may want to pair your new smartphone with and have a look at the links to stay up to date!

As mentioned much earlier in this particular blog post you should anticipate more smartphone news in coming monthsdays and weeksdays and weeks.

Google market trends in the past – with any new technology, there’s always a whole side industry subsequent suit, and with a few of the new smartphones now available, that means there’s a many of products to play with them!

So wait for a great deal more toys and cottage industry products to promote and enhance the new smartphones coming soon. With the rumors of the iPhone 6 being released there are some additional items currently in the news, and the big one is the concept Apple will release it’s own variety of wearable technology.

Much like the much-rumored iWatch will surely be impending to rival the Samsung and LG watches. This will certainly generate a momentum for a large of new wearable watches to keep step and try to steal some of Apple’s noise.

From new smartphones, new deals on existent smartphones, service discounts from providers like t mobile and Verizon, there’s an unbelievable amount of smartphone news to uncover and keep track.

Here at we’ll update as soon as the Apple event on September 9 takes place to keep you informed of all the exact information to help you find the best smartphone for you.

Keep up to date on all the current trends, and if you’re in the market, remember there are a few things to keep in mind before you purchase your new smartphone.