The opportunity to sell presented itself quickly, but the small business owners were ready from years of preparation. Here are the steps and costs involved.
If it sounds too good to be true...maybe you just don’t understand the deal. This Accountant couldn't understand how a small business valuation could be so high!
We sold this Australian small business for a Valuation of Profit x 26. Here are the 4 reasons we used to convince the Buyer to happily pay so much more.
Yesterday we met the Australian small business I helped sell for 250 times profit. Today we look at Valuation Methodologies and why accountants are handcuffed.
The average small business in Australia sells for a Multiple of Profit x 2-4. Learn how we Valued this business at $5.8 million and sold it for Profit x 250.
