Over 75% of business fail within 10 years According to the U.S. Small Business Administration, approximately 50% of all new businesses survive five years or more and about one-third last 10 years or more. That means that only 25% of businesses last for longer than 10 years. Yikes! Considering the high rate of failure, wouldn’t […]
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 […]
The best broker to sell your business A lot of work goes into making a business successful. But nothing lasts forever, even if your business is something you love and watched grow from a tiny baby start up into a fully grown adult money making machine. There comes a time when you want to sell […]
“Sell your business in a downturn? Are you crazy?” This may the reaction that you get from friends and family if you are planning to sell your business in the current economic climate. It’s not as bad as it appears Downturn, recession, depression, slump – whatever you call it, there is no doubt that the […]
Increasing your profits before you sell to maximise business value. Preparing a business to be sold is no small feat – especially when you want to do all you can to maximise business value. During the lead up to a sale, all efforts need to be focused on increasing profits and reducing waste. There are […]