BUSINESS VALUATION

MYTHS

Thursday, 11 July 13

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

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

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

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

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

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

BCI Business BrokersTony Arena (Managing Director)

3/1 Alexander Street, Crows Nest, NSW, 2065Phone: +61 2 9439 3399Mobile: +61 411888148

Email: tarena@bc.com.au

For Help With The Sale Of Your Business

Thursday, 11 July 13

For A Free Consultation On The Value Of Your Business

www.valueabusiness.com.au

Thursday, 11 July 13

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