logo
Wrong email address or username
Wrong email address or username
Incorrect verification code
back to top
Search tags: sell-my-business
Load new posts () and activity
Like Reblog Comment
text 2022-10-13 08:15
Mistakes To Avoid And Get The Highest Price For Your Business

It's exciting to think about Sell Your Business. You've made it through the ups and downs of starting up, building something that people want and now have the opportunity to cash out in exchange for a bigger payoff than you could ever imagine. But if you're not careful while your Company is For Sale, even after decades of work building your business, selling it at a low price can be just as devastating as never selling at all.

 

So how do you get top dollar for your business? Here are some tips:

 

Not being objective.

 

If you are serious about your Company For Sale, you need to be able to approach it objectively. If you can't see the value in your company and what a buyer would bring to the table, then other people won't be able to either.

 

It's important for you and all parties involved in selling your business that you can look at it from an outsider's perspective and see its strengths and weaknesses.

 

That way, if someone offers more than what they think is fair market value for their product or service, they'll have a better idea of whether or not that offer is in line with others they've received recently—or if they're being taken advantage of because they don't know any better!

 

High Value Business For Sale

Not finding the buyer that will make a good fit for your business.

 

The best way to find a buyer that will make a good fit for your business is to use criteria that are important to you and your business. Here are some examples:

 

  • Are they reputable companies?
  • Do they have the resources and commitment required?
  • Are they willing and able to pay what it takes to make the deal happen?

The first step in avoiding making a bad deal is knowing what's important to you, but you must also check out these things before signing on with any buyer.

 

Not having all the paperwork in place.

 

Many entrepreneurs think they can take their time when it comes to paperwork, but this is a big mistake. If you want to get the highest price for your business, you need all the paperwork in place before putting it on the market.

 

Conclusion

 

If you want to sell your business, it’s important that you do some research on the market value of similar businesses and look out for warning signs when dealing with potential buyers.

 

It’s also important to make sure that you have all your paperwork in order before listing your Company For Sale so that there are no delays once someone expresses interest!

Hope you found the above information useful to sell your company at a profitable price.

 

Source - https://www.apsense.com/article/mistakes-to-avoid-and-get-the-highest-price-for-your-business.html

Like Reblog Comment
text 2022-08-23 09:13
Things To Think About Before Purchasing A Business For Sale

There are many reasons why you would want to buy a business. Maybe it’s your dream to start your own company, or maybe you see an opportunity to expand.

 

Whatever the reason might be, there are certain things that you need to think about before purchasing a Business For Sale Hamilton.

 

To help you navigate this process, we’ve compiled some tips and considerations:

 

Should you be buying a franchise or a small business?

 

  • Franchises are easier to start than small businesses. If you’re looking for Company For Sale that will let you do what you want and not interfere with your operations, franchises are the way to go.
  • They already have company procedures in place, so there isn’t as much training involved when purchasing a franchise. They also tend to be more regulated than small businesses, which means they often have better financials and reputation track records than independent companies.
  • Franchises have brand name recognition, which makes them easier to sell in the future if you decide to move on or retire from ownership of the company someday (or if an opportunity comes up elsewhere).

Business For Sale Hamilton

Find out if the business is making a profit

 

The first and most important thing to do is find out if the business you are looking at is making a profit. A profitable business will be easier to sell than one that isn't, and it could also have an effect on the amount of money you pay for the business.

 

Profitability can be measured in a variety of ways, but it's generally considered to be the amount left over after all expenses have been paid each month or quarter. You may want to consider using this measure when calculating profitability as well as any other measures of profitability (such as sales per employee).

 

Is there any financial risk?

 

As you consider purchasing a business, it's important to understand what financial risks are involved. The seller may be willing to take on some of these risks in order to sell the business for a price that is higher than what it would cost if there were no financial risks. You'll need to decide how much risk will be acceptable for you, given your circumstances and goals.

 

There are five types of financial risk:

 

  • Your personal investment risk - the amount of money required from you upfront, or over time with payments
  • Cash flow issues - whether there will be enough cash coming into the business once it is sold; this could involve paying off loans or debts that come due before sale completion, or unexpected costs related to closing escrow such as taxes owed on gains realised during ownership

What does the lease entail?

 

When you are purchasing a business, you need to look at the lease. This is an important factor because it can have a significant impact on the profitability of your investment.

  • What is the rent? Are there any other costs associated with occupying the premises? Is there anything included in this price that isn't normally included in commercial leases (e.g., utilities)?
  • What are the terms of the lease? How long does it last? Are there options for renewal and termination built into it? If so, what are those options and how much would they cost if exercised today? If not, then when does this lease expire and what happens then (e.g., do I have exclusive rights to occupy until then)?
  • Are there any restrictions on use or occupancy by law or contract that may affect how well this business can be marketed or operated profitably over time (e.g., zoning laws)?

Before you purchase a business for sale, ask lots of questions.

 

 Ask about:

 

  • The financials. What are the profit margins? Have there been any years where the business lost money? How much debt is on it? What percentage of sales comes from repeat customers versus new ones?
  • The employees. Do they have an employee handbook or policies in place that outline their employment terms (including pay scales)? Are there salary increases planned for key people such as managers and supervisors within the next year or two so that they can not only keep them but also compete with other companies who might try to poach them by offering better salaries/benefits packages to entice them away from your company once it's sold out from under you!

Conclusion

 

You can’t buy a business without carefully considering all of the factors involved in making that decision. As you can see from our list, there are lots of things to consider before purchasing a Business For Sale Hamilton. Hopefully, by reading this article and doing some research on your own, you will be able to make an informed decision about whether or not buying a business is right for you!

 

Source - https://business-for-sale-auckland.blogspot.com/2022/08/things-to-think-about-before-purchasing.html

Like Reblog Comment
text 2022-08-10 08:38
Everything You Need to Know About How to Evaluate a Company for Acquisition

There are many reasons why you might want to consider acquiring another Company Valuation, be it because you want access to their assets or you simply want to broaden your reach into different markets. Evaluating a company's viability as an acquisition candidate can seem like an overwhelming task, but if you approach it correctly, you will not only increase your chances of successfully completing the deal but also improve your odds of making an intelligent decision about which target companies are worth pursuing in the first place.

 

Here's how to evaluate a company for acquisition.

 

What Is An Acquisition?

 

An acquisition is when one company buys another company. The buying company is called the acquirer, and the company being bought is called the target. Acquisitions can be either friendly or hostile.

 

A hostile takeover happens when the target company doesn't want to be bought, but the acquirer goes ahead with the purchase anyway. A friendly takeover happens when the target company agrees to be bought.

 

Business Valuation

The importance of financial stability and profitability

 

Any company that you're considering acquiring should be stable and profitable. This is the most important factor to consider when evaluating a company. A company's financial stability can be measured by its financial statements, which show its assets, liabilities, and equity. A company's profitability can be measured by its income statement, which shows its revenue and expenses.

 

What to look for when evaluating a company?

 

When you're looking at How To Evaluate A Company For Acquisition, there are several key things you'll want to keep in mind.

 

First, you'll want to look at the financials of the company.

This includes things like their revenue, expenses, and profits.

Next, you'll want to look at their customer base. Are they loyal? Do they have a lot of repeat business? Are they growing? Another important thing to look at is the company's employees. Do they have a high turnover? Are they happy with their work?

Finally, you'll want to look at the company's products or services. Are they in demand? Are they profitable?

These five aspects will help you see if the company is worth purchasing.

If it has some aspects that are not as strong as others, it might be worth doing more research before making your decision.

 

How to assess management and their ability to grow the company

 

The first step is to take a look at management and see if they have the ability to grow the company. This means looking at their experience, track record, and understanding of the industry.

 

It's also important to assess the company's financials and see if they are in good shape. The next step is to understand the company's competitive landscape and see if there are any potential threats.

 

Things to watch out for during the acquisition process

 

  1. Make sure you understand the financials of the company you're looking to acquire. This includes things like revenue, expenses, and profitability.
  2. It's also important to understand the company's business model and how it makes money. This will help you determine if the acquisition is a good strategic fit for your business.
  3. Another key factor to consider is the team that runs the company you're looking to acquire. Does this team have the skillsets necessary to make an impact in your company? What would be their roles once they joined your company?
  4. If the company has any pending lawsuits or legal problems, how will those issues affect what happens with the acquisition?
  5. How does this potential acquisition align with your long-term goals as a business owner? Is this something you want to do or not?

Source - http://baileypowell.authpad.com/everything-you-need-to-know-about-how-to-evaluate-a-company-for-acquisition

Like Reblog Comment
text 2020-03-30 07:23
Pros and Cons of Buying a Business in Dubai

What are the pros and cons of buying an existing business?

 

Do you think that purchasing an existing business can give you an advantage? In the business world of Dubai, not everyone agrees upon the fact that purchasing an existing business is advantageous. Why do you think that some believe it advantageous? Why don't the rest believe that it is beneficial?  Actually, the views of people change according to their preferences so when so some believe that it is advantageous and it is a duty to implement their way of handling the business?  In in this article, we will mention the general pros and cons related to buying an existing business. Buying an existing could be far better than starting up a new one, yet you will have to overcome the disadvantages. As we alluded to above, depending on the way of handling, the cons can be dealt so it will differ according to the people. When you consider the business for sale in Dubai it will be difficult to find the business which suits for you. There are many choices available in the market but you should make sure to analyze the market properly to find the one which suits you. If you want to decide whether you can run the business or not, it will be based on the pros and cons of the business. In this article, we will learn more.

 

What are the pros of buying an existing business

 

As we said above, we will be mentioning the general pros of buying an existing business. Actually, it is considered that starting a new business is riskier than purchasing an existing business. You will be able to enjoy the great opportunity if you are capable of purchasing a well managed business. If you purchase a well-managed business you will be able to improve it better through your skills and knowledge.  You do not have to worry about the start-up cost as it is already been borne by the previous owner so you only have to carry out the business. As the buyer, you should make sure to have the proper plans and procedures to run the business. If you are buying an existing business which is successful it will be an instant cash flow. When you purchase an existing business you will be able to understand the financial history of the business. Through the financial history, you will be able to understand the ways to take loans and to find investors as well. Along with the success of the business, you will be able to obtain customers, goodwill, contacts, staffs, suppliers, and assets of the business. The business which you purchase from the businesses for sale in Dubai will have the established market and the managers who will share their experience.

 

What are the cons of buying an existing business?

 

You should understand that not every business will be a successful business. Even if you purchase an existing business you will not be able to run it successfully. Most of the business owners will sell the business if it is unprofitable and unsuccessful so if you are undertaking such business it will not be advantageous for you but otherwise. Of course, purchasing an existing business could be great but it is highly risky. When you purchase the existing business sometimes you might have to improve the equipment and the old plants. You would have to incur the cost which you should pay for the accountant, attorney, and even other professionals. The upfront cost will be higher so you would have to get a loan to pay it. The business's external and internal factors would have been managed poorly so it might lead to losses. If you are purchasing the business you should check whether the business is in good position or not.

 

The final words

 

Before you decide to purchase a business from the businesses for sale in Dubai you should make sure to summarize the pros and cons. After you do, you will understand whether you are capable of overcoming the risks or not.

Like Reblog Comment
show activity (+)
review 2014-03-12 03:40
Pinterest Power: Market Your Business, Sell Your Product, and Build Your Brand on the World's Hottest Social Network
Pinterest Power: Market Your Business, Sell Your Product, and Build Your Brand on the World's Hottest Social Network - Jason Miles,Karen Lacey Pinterest Power is book to help you market your online or offline business. As a regular Jane with an average brain, I did learn new things about Pinterest and how to connect to my business. Although I feel the way it was written was hard for me to understand. I did try some of the techniques at the peak interest on Pinterest but no sales yet. It is has only been a week. I found that The Idiots Guide to Pinterest Marketing was a much better way of learning new things to do with Pinterest.
More posts
Your Dashboard view:
Need help?