Business appraisals can be difficult at the best of times. Unfortunately, as business brokers, we don’t have an equivalent to RP Data or any way to look at the pricing of sold businesses. Each business is very unique which also makes comparable sales difficult. Usually, to appraise a business we review the last few years financials along…
Author: Michelle
Business brokers are seeing a lot of change happening in relation to the structure of the deals that sellers are accepting. I believe business owners are becoming more accepting of the fact that traditional business lending is more difficult to obtain than previous years and as a result we are seeing sellers accepting deals that a…
Selling a business can take considerable time. Often sellers do not realise what a lengthy process it is and don’t allow enough time to exit in the manner they want. Statistics have shown us that a typical business sale takes on average 14 months to achieve. We have dealt with business sales that have taken up to…