What to look for when valuing a business
When you purchase a business, there are several key indicators to look at during the purchasing process:
– Net profit from the last 3 years
– Will the company retain the current staff?
– Is there a current lease in place?
– Is there any potential litigation issues occurring?
– How is the market that the business is operating?
– Can you develop this business? Or are you buying something to retire in.
All these questions and much more are important to consider before purchasing a business.
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Bottrell Business Consultants Pty Ltd – Chartered Accountants and Business Advisors.
The Bottrell group incorporates Bottrell Business Consultants, Bottrell Accounting & Taxation, Maitland Accounting & Taxation, East Maitland Accounting Services and Mobile Bookkeeping & Recruitment.
Our group of businesses & links include the following companies (& our websites);-
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