Tips Before Selling Your Business

TIPS BEFORE

SELLING YOUR BUSINESS

Thursday, 11 July 13

Thinking Of Selling Your Business

Selling a business is not an easy task. Before selling your business you need to know the accurate value of your business.


Tips Before Selling Your Business

You can list your business above its market price but not too far above. Otherwise you will scare off buyers.

Fair Market

Value



Business owners should start their exit planning at least 3 years before they plan to sell their business.



Sell at the right time for the right reasons to get the maximum value for your business.



Before selling your business, you need to consider what all the assets of a business are and decide what you are selling (Be clear about what you're selling).

Good willAssets

Equity



Determine what your business is actually worth using the most suitable approach

Valuation of your business

Assets Approach

Income Approach

Market Approach



Understanding what the buyer wants is important. If you look at your business from the buyer’s points of view, you will have a better chance of maximising business value.

Wants of Buyer and Seller inverse to each other

buyer seller



Getting professional help when selling your business will help you to arrive at the accurate value of the business based on the facts and documents you provide.


For Advice on Business Valuation

BCI Business Brokers Tony Arena (M.D.) 3/1 Alexander Street, Crows Nest, NSW, 2065 Phone: +612 94393399 Mobile: +61 411888148 Email: [email protected]


Maximise Business Value

For help on maximising your business value

take a look at our products here.

http://www.bc.com.au/maximise.html






For A Free Consultation On The Value Of Your Business

www.valueabusiness.com.au


http://www.valueabusiness.com.au

http://www.valueabusiness.com.au

Tips Before Selling Your Business

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