How Much Is Your Business Worth?
Deciding on your sale price
There are several different methods of finding out what your business is worth, but at the end of the day it will come down to what the buyers are willing to pay for it.
That is not to mean that they are in control of course. The decision to accept, decline or re-negotiate an offer will always be yours, and in order for a deal to be made, both yourself and the buyer must be agree.
For small to medium sized businesses many buyers use "Kitchen Table Economics" to decide on what they'll offer. How much will it cost to buy the business, how much will the business return to me (ROI) and how long will it take to recoup my investment.
Of course there are many other factors that come into such a decision including the industry type, growth opportunity, risk and more.
If you would like a more detailed opinion around your businesses likely sale price, don't hesitate to let us know. Click here to organise a free business appraisal.