Usually it's based on a combination of profits and/or assets but withhi guy's
we were approached last week regarding the possibility of buying out another
business simular to ours
details as follows
single owner looking to retire (20yrs in business)
has shed ALL staff and just uses subbies (I don't know who answers the phone
several large contracts -value as yet uncertain
how does one go about figuring the valuation??
more details as they emerge (if req'd)
the large contracts I would have thought you would want to look at the
You really do need to get an accountant involved because you need to
look at the future benefit to your business if you buy this business.
Then you need to look at what the present owner will lose by not
having the business as well as the reasons for sale.