LEGAL
What is my business actually worth?
Unfortunately, when most business owners ask that question the answer they receive depresses them. ‘All that work, effort, stress and sacrifice and it’s worth how much’?
Most professional services, such as accountants and business brokers, use multipliers of turnover or profit to decide how much a business is worth. It is not that simple.
There are many factors that decide the value, because in its simplest form, a business is worth what someone else is prepared to pay for it.
Unfortunately, most business owners don’t know what those factors are, so have no way of adjusting their business to maximise value.
The best time to understand your value is not just before you market the business; it is now!
T: 07837 703088 E:
info@businessresale.co.uk W:
businessresale.co.uk
56 business network April 2018
If you know the value now and don’t like it, we can instruct you in how to improve it, for when you do sell.
I’m not suggesting that we will overhaul your business, just that there are a few factors common to all businesses that make a huge difference, and when corrected increase the value.
Our initial consultation is completely free of charge. Take advantage of us, find out what your business value is today and be prepared to face your next venture or retirement on your terms!
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