Are you wondering, "how much is my business worth?". When looking to sell your business, there are many methods you can use to calculate the worth of your business. However, the suitability of a given method depends on the size of your business, and the industry in which it operates. Here are three popular models used to estimate how much a business is worth. Net Profit Method The net profit method...

When selling your business, there are two main goals: (1) To get your business sold, and (2) to maximize the sale price of your business. Finding potential buyers and advertising your business for sale is the first step. Once you find an interested buyer or buyers, the task is to mutually agree on a price that benefits both you, the seller, as well as the buyer. Below are two ways to maximize the...

When buying a business, due diligence is the process of investigating your potential investment to confirm all the facts and claims made about the business. Conducting due diligence is the most important part of buying a business, for it is due diligence that will enable you to make the most informed decision as possible. What Does Due Diligence Involve? When buying a business, due diligence involves...

Which is more viable: starting a business from the ground up, or buying an established business? This article highlights factors to consider when weighing up your options. Risk Involved The main reason investors and entrepreneurs opt to acquire an established business, rather than starting a new business, is that there is seemingly less financial risk involved compared to starting a new business. This...

Fielding offers to sell your business is a delicate process, and if not approached cautiously and sensibly, it can result on a minimized sale price - or no sale at all. This article highlights three common mistakes to avoid when reviewing offers for the sale of your business. 1. You Don't Have Take The First Offer Taking the first offer might be tempting, but there is good reason to take your time...

If you look around at all the different businesses for sale on the market - you will quickly find that businesses that seem similar have vastly different asking prices. In this article, we'll outline why similar businesses for sale, are priced differently. 1. How Long Has The Business Been Established? A business that has been operating for a longer amount of time than similar competitors will often...