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.
Face your problems head on and if anyone tells you that you can’t do it, then you might want to watch this video of a footballer scoring a goal from the centre circle! Face your problems…Positive thinking is about telling yourself you can
The new Government loan guarantee program for homes in the UK – is this a good thing or a bad thing? You would initially think that where the Government are offering to guarantee 20% of the purchase price for homes
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I took over a business in October 2010 and in that month it made sales of £126,000, whereas in the last month we acheived £271,000! I acheived this by applying some of the 7 ways to grow a business and,
Firstly, I apologise for my absence on my own blog – I have been away investing and would like to discuss with you what to invest in now, with interest rates still at an all time low across the globe.
I have just invested in a new business and this has taken up my time – I bought a new business back in October 2010 and will admit that it has taken all my focus for the last 6-8 months. The industry was completely new to me and the learning curve extremely steep – the business designs, manufactures and installs fitted furniture, mostly built in bedrooms and home offices – so it is not only and industry I don’t know, but also I have never run a manufacturing business!
The big topic and discussion right now is where to invest cash – it has been reported in the news that the Governor of the Bank of England is encouraging people to spend their cash! So what are the options
If you are a business owner and looking for a good business development system you might be wondering what to look for. This article is aimed at helping you make that decision, by firstly explaining what we understand by ‘Business