articles for business owners.
In my work as a business broker, valuer and adviser, it's probably no surprise that most conversations with small business owners are based around a single question. What is my business worth? It's just not straight forward like the housing market. For legitimate reasons assessed value (for example in a business sale) can be light years apart, where as in the housing market it might be single digit percentage differences. The financial implications for business owners can be dramatic. Understanding that any business valuation is part science, part art is where you need to start if you want to realise the highest possible value when selling. Unlike the housing market, determining valuation for a business is less reliable. Some specialists will understand market trends for their specific industry, but generally decisions on a business' value are part science part art, and always a lot of technical babble and jargon. This article breaks down the methodologies business brokers a
In this article, Michael talks about the upsides and downsides of selling a minority shareholding in a small business and provides tips to help the parties get the best possible outcome.
In this article, Michael shares his insights and tips for business owners to uncover if their unexpected business buyer prospect is legitimate, and how to protect your valuable business information.
Ready or not, your business’ best potential buyers may be direct competitors, professional investors, or even your own senior staff. In this article, Michael shares some tips to ensure you don’t waste this selling opportunity.
This article shares our top tips to increase your business' value this financial year. And the Beginning Of New Financial Year (BONFY) is the perfect time to start planning.
To stay a couple these are the 5 things you should do while owning & running a small business together.
As you get closer to selling your business be prepared for some curve-balls. In this article I highlight some common tactics that savvy buyers use to 're-negotiate', and other issues that often arise just as you are starting to feel like the deal is done.
Pretty much the first question most business owners ask when they start to think about selling. Getting an ‘expert’ to tell you what they think your business is worth is a common first step to help owners answer that question.
In this article I’ll revisit some of the basics of Active Planning, and also outline the positive and negative factors arising from COVID-19 that owners and their advisors now need to factor in.