According to a survey of 493 business brokers titled “Q3 2022 IBBA and M&A Source Market Pulse” the biggest reasons for a sale process to fail is the business owners’ expectations of the value of the business, versus what the market is willing to pay. Per the survey 23% of the businesses that didn’t sell […]
Author Archives: admin
30
Mar
Mar
If both you and your business are ready for sale it should take between 3-8 months to sell your business. The key sentence is, “If both you and your business are ready for sale”. There are two distinct parts to selling a business, “sales readiness” and the “sale process”. The sale process entails putting your […]
21
Feb
Feb
There are several reasons why business owners may sell a business and most of these reasons require a relatively quick exit. However, if you and your business aren’t ready for sale then either you won’t get a premium exit or you won’t be able to sell as quickly as you want. Let’s look at the […]
01
Jun
Jun
My Beta Hack Andrew Meerburg 29 May 2022 I came across a great article about Beta, a key determinant of the discount rate used in business valuations which in turn drives the value of your business. It reminded me of the high-level hack I use when reviewing the Beta used in a business valuation. To […]
12
May
May
Running the Comrades may seem like a daunting task but it is possible for most anyone who has a reasonable running base, is willing to do the training and has the tenacity to keep going on the day when things get tough. However, you don’t decide in January that you intend to start running and […]
27
Apr
Apr
For those of you who would like to know more about valuing businesses Professor Aswath Damodaran, a lecturer of corporate finance and valuations at New York Stern University, who I see as pragmatic guru in the field of corporate finance and business valuations has a series of 25 videos of 12-20 minute each. The videos […]
