Going concern value and the definition of going concern. Broadly speaking going concern is referring to a business operating at a profit, which is expected to trade for the foreseeable future.
The foreseeable future for this purpose is normally regarded as 12 months. Going concern value is key if you are selling a business as a going concern. Likewise if you are buying a business as a going concern, you will be keen to know whether the business is likely to continue trading into the foreseeable future.
The value of a business will be adversely affected if it’s not considered to be a going concern. In this case either a liquidation value or a receivership value will be placed on the business.
How do you value a start-up business – The art of valuation This article is about how do you value a start-up business, and has been written by Russell Bowyer. So why would you need to value a start-up business?
As a small business owner you might ask the question “Why should I sell my business through an agency?”. You could easily sell your small business privately but in doing so you will be responsible for every aspect of the
I have decided to write this article about the keys to selling a business, as I get really frustrated with vendors of businesses and with brokers that do not seem to know what they are doing! Today, for example, I
How do I sell my business is often asked by business owners and can be answered by using the following check-list: 1. Price it right – do NOT over value your business. This might be an obvious point to make
If you are selling your business you need to initially provide the following information: Price – This might be stating the obvious, but I have seen many a business for sale where the owner has indicated “price on application”. This