2. I Don’t Need To Value My Business Because I Know
What Some Similar Businesses Are Worth:
There are so many variables in a
business valuation that you
should not just assume the value
of your business based on other
businesses. It is always better to
value your business based on
your business’s individual factors.
Thursday, 11 July 13
3. If Your Business Loses Money, It’s Not Worth
the Time & Money To Value It
Many small businesses reduce profit by paying large
end of year bonuses or by other means. A good
business broker can properly analyse your figures and
adjust the profit according to well established
accounting procedures. Also, there are other
measures of value outside profit and an experienced
analyst can advise you of this.You may have assets
that others want or are about to enter upon a period
of prosperity after years of research and preparation
for success.
Thursday, 11 July 13
4. I Only Need To Value A Business
When I Am Going To Sell Or Buy It
Generally people think that the time for valuing a business
is at the time of selling or buying it.Yes, business
valuation should be done at the time of selling or buying a
business. However, most business owners ignore the fact
that a business should be valued regularly while running
the business. Every business owner should have an exit
target price and if you don't have a current valuation you
don't know the size of the gap between current value and
target value.
Thursday, 11 July 13
5. There Will Always Be
A Buyer For My Business
Another common misconception held by most business
owners is that there will always be a buyer for their
business. Not so. Across the sector, a good number of
business fail to find a buyer due to insufficient
knowledge of the buyer market. And finding a buyer is
increasingly a challenge for owners due to inaccurate
valuation of the business.
Thursday, 11 July 13
6. I Should Sit And Wait For A
Buyer To Come And Approach
You will be very lucky if someone taps you on the
shoulder and wants to buy your business. However, this
can be a long and unfulfilled wait, and often means that
the necessary preparations for sale are not made. It can
also involve a lack of competitive bidding tension as the
buyer knows it is the only interested party at that time. A
better outcome for owners usually comes from a
proactive, process-based and time limited approach to
finding a buyer.
Thursday, 11 July 13
7. My Business Is Well Run
And Ready For Sale
Most owners think that because they are running their
business well means that the value of the business is at
its maximum level.You would be surprised to learn just
how many businesses are not well prepared for sale.
Thursday, 11 July 13
8. BCI Business Brokers
Tony Arena (Managing Director)
3/1 Alexander Street, Crows Nest, NSW, 2065
Phone: +61 2 9439 3399
Mobile: +61 411888148
Email: tarena@bc.com.au
For Help With The Sale Of Your Business
Thursday, 11 July 13
9. For A Free Consultation On The
Value Of Your Business
www.valueabusiness.com.au
Thursday, 11 July 13
10. For Help In Maximising The
Value Of Your Business
Take A Look At Our Products Here
http://bc.com.au/maximise.html
Thursday, 11 July 13