There are a number of instances when you may need to determine the market value of a business. Certainly, buying and selling a business is the most common reason. Estate planning, reorganization, or verification of your worth for lenders or investors are other reasons. Valuing a company is hardly a precise science and can vary depending on the type of business and the reason for coming up with a valuation. This article looks at some of the common methods used to determine the value of a business.
Born out of one man's need to sell a business, BusinessesForSale.com started in the mid-1990s as an online bulletin board. For 20 years we have been helping business brokers and private sellers market their listings. From cafes to construction businesses, some of our most exciting business opportunities have included the makers of Big Ben's clock, a Chinese toll road, a crocodile farm in Thailand and even a tropical island! We have become the world's largest marketplace advertising 72,920 businesses for sale in over 130 countries.
What are the current employees' rights when a business has been sold as a going concern?
The Franchise Association of Southern Africa (FASA) is a trade association for franchisors, franchisees and the professional organizations that service the franchise industry. Its aim is to develop and safeguard the business environment for ethical franchising in South Africa. FASA is the only recognized representative body of the rapidly growing franchise industry. FASA’s criteria for membership conform to international best practices and are acknowledged by government and the public at large.
What makes a family business different to any other? Some of the world's most famous and successful businesses were started by families, including Wal-Mart,
Negotiating skills are critical when wishing to buy or sell businesses. Here are 3 similar case-studies, which have a direct bearing on the necessity of being able to negotiate to your best advantage. If you don't get it right, you pay too much and inherit many liabilities you don't need and can be bulldozed into accepting things that you had no intention of conceding – you may not even know at the time that you are conceding them.
Whether you are considering buying or selling a business in the near future, the importance of preparing for either of the two cannot be underestimated – for most people, the buying and selling process will only happen once in their lives, so spending enough time on it is vital. It is impossible to cover every eventuality that may arise during the buying or selling process, but solid preparation upfront will help ensure that you achieve your respective goals within a satisfactory timeframe and with a more than acceptable financial outcome.
Many business people are involved in commercial partnerships, and are familiar with their rights and obligations in relation to their partners. However, not everyone is familiar with the rights and obligations flowing from co-ownership of an asset, as a recent court case (Claassen v Quenstedt  ZAECPEHC 18) demonstrates. Here is what you should be aware of when considering co-ownership of assets in a commercial property.
For many years the due diligence investigation was carried out by the buyer, on the seller. However, with the new dynamics in our country and the substantial increases in the buying of businesses in the SME market, it is often found that the buyer cannot raise the finances for the purchase, and often knows little about the business he/she wants to buy. This article therefore looks at due diligence from the seller's perspective. It is important for sellers to know how to control the buying process.
During negotiations for the purchase of an established business, it is inevitable that the aspect of goodwill will play a factor in the final price paid. That said, determining goodwill is anything but an exact science and can become a moving target during buyer/seller negotiations. There are however, certain factors that need to be taken into account and these can be unique to certain businesses. This article explains the concept of goodwill, and what to consider when negotiating it.