Ever wondered if there was a different way in working out how to value a business? Well, there is – I call it your walkaway price. Read on to find out more about this alternative way in valuing a business before you exit it!
Value your business using a valuation multiple and understand what influences the final figure.
How You Sell Your Business… When you decide to sell your business you could make 50% more or 50% less depending on how you sell your business. When it comes to the how’s, here’s a list starting from the worst way to sell (lower value) to the best way to sell (higher value): Liquidation Book […]
You don’t need an expert to tell you that if you cut costs and increase productivity you’ll get more sales and you can increase your company value. As with so many things this statement is all well and good in theory but a bit harder in practise. A recent advert used the slogan “Don’t work harder, work smarter” While working hard is good sometimes a bit of extra effort and investment in the short term means fewer late nights and stress in the long term!
5 Tips You Must Know Before Selling Your Business! Doing something for the first time creates a steep learning curve. Think about the lessons learned when starting to drive, becoming a parent or taking on a new hobby. At first, things were difficult but over time and through practice the curve settled down. You made […]