Thought you might be interested in an article How to Calculate the Selling Price for a Business and thought I’d share a few points with you here. I’ve found some relevant information here so if I find more, I’ll be sure to pass it on. Pricing a business you own is thrilling — because it means you’re…
I think the following raises some excellent points about Business Selling. I’ve included a few of the highlights for you to get the gist of the article: Thoughts of selling your business can be motivated by a range of factors, some of which may be out of your control. They can include ill health, divorce, a…
I’m always on the hunt for relevant info and I loved this – one of the best articles I’ve seen on this topic for a while. Here are a few paragraphs as a taster… Deciding to sell a business is not something company leaders take lightly. It can take months and even years to adequately…
Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this… Every business owner will eventually exit their business. Reasons for exiting a business include decreasing profits, increasing competition, changes in health or life goals, retirement, passing it on to family members, or cashing…
Do you have a billion dollar business hiding inside your company? Asking customers to pay to join a special group of your best patrons can increase your revenue, encourage customers to buy new products and services from you, and provide a healthy boost to your cash flow. Just ask Jeff Bezos, the founder of Amazon.com…
When you look ahead to next year, will your growth come from selling more to your existing customers or finding new customers for your existing products and services? The answer may have a profound impact on the value of your business. Take a look at the research coming from a recent analysis of owners who…
Did you see the news that Facebook has acquired Internet messaging service WhatsApp for $19 billion? It represents the largest-ever acquisition of an Internet company in history. WhatsApp is a pearl for sure. The messaging service allows users to avoid text-messaging charges by moving texts across the Internet instead of the mobile phone carrier networks.…
The ultimate test of your business can be found in a simple question: would someone want to buy your company? Whether you want to sell next year or a decade from now, you must be building an asset someone would buy – otherwise, you have a job, not a business. Here are eight ways to…
How much did your home increase in value last year? Depending on where you live, it may have gone up by 5 – 10% or more. How much did your stock portfolio increase over the last 12 months? By way of a benchmark, The Dow Jones Industrial Average has increased by around 13% in the last…
In any negotiation, being the person who makes the first move usually puts you at a slight disadvantage. The first-mover tips their hand and reveals just how much he/she wants the asset being negotiated. Likewise, when considering the sale of your business, it is always nice to be courted, rather than being the one doing…
