The purpose of these articles is to educate both buyers and sellers of the many different issues related to a business transfer. The subject matter includes things like the value of a business, the variables involved in a business transaction, financing and structure of a transaction, planning your exit strategy, etc.
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Tuesday, 6 March 2012
Will the business numbers look good to anyone else?
Business owners can operate their company as they wish, but when they are ready to sell, will it appeal to buyers?
If the numbers don’t make sense or show profits, who would want to buy it?Business owners who want top dollar for their company must be able to reveal all elements of owner cash flow that buyers and lenders will accept.Otherwise, there will only be disappointing offers or no offers at all!
Do you have small business questions you would like answered about this article or others?Please visit www.VRWindsor.com or call 519-903-7807.
William Sivell is a sales representative of VR Windsor Inc., Business Brokerage; his blog appears every Tuesday.