Valuing a Business
“There is no such thing as reality; only perceived reality” – a common theme in philosophy over thousands of years. In business, the same can be said of the art or science of valuations, that is; “There is no such thing as a definitive business valuation, rather the businesses value is what a buyer is prepared to pay and/or what a seller is prepared to accept&rdqu...
Determining Who Will Buy Your Business
There can be many different types of buyers for any given business, however, the main options available to most small to medium enterprises (SME’s) come from the following five options: Family SuccessionCan create a sense of achievement as your hard-won results are carried on as a family tradition, however, can be fraught with danger if the next generation is not properly equippe...