Bumped into one of my colleagues in the business broking industry – John Denton from Performance Business Sales. It’s always good to chat to John as he has the ‘finger on the pulse’ regarding the business sales market goes. One particular statistic that I’m always interested in – is the ROI multiples for particular industries. […]
How Are Businesses Valued?
Business valuation can be a difficult figure to obtain because there are so many variables. Business valuation models (methods) have been developed to make the process easier and more accurate. Some of the accepted methods include : Return on Investment (ROI) method Market value Asset value going concern Asset value liquidation Net present value The […]
27 Vital Questions You Should Ask Before Buying A Business
I met the husband and wife owners of a small retail shop recently. The business was running at a $65,000 (approx) annual loss. They had purchased the business over 12 months ago and had been steadily losing money. I looked briefly at their books and realised they had paid too much for the business. On […]