Your Business Sold

Business Valuations – How are businesses valued?

The single most important point on valuation is YOU.

There are a number of ways businesses are valued and you will find lengthy explanations elsewhere on the web and in business textbooks. Your accountant will also offer views on value based on the balance sheet or the cash generated by the business as profit.

However, the single most important point on valuation is YOU. - What do you want as a minimum for your business to make it sensible to sell it?

Your minimum sensible sale price, this is a discussion any broker should hold with you and be candid about your chances of success. Beware the broker that inflates value expectations simply to ensure you sign up!

You should be prepared to incentivise your broker to achieve higher values than your minimum.
Ask your broker ‘how he will achieve maximum value’?

What do I need to know about selling my business? How can I avoid common mistakes?

It is important to understand:

• What your options are
• What is a business broker?
• What are the different types of broker?
• What do business brokers charge?
• How much is your business worth? <<
• Should you go it alone?
• How does advertising work?
• What should I pay to advertise?
• Do’s and Don’ts, common mistakes made when selling a business
• How do you get maximum value?
• What is an exit strategy?