4 ms·
I spend a lot of time reviewing accounts of small businesses with the view of buying them. I generally boil my offer down to: 3 times NET Profit Plus cash in
by ruskibeats 6y ago
I spend a lot of time reviewing accounts of small businesses with the view of buying them.
I generally boil my offer down to:
3 times NET Profit
Plus cash in the bank
Less debt
Less a working capital adjustment.
I would offer around £300k for your business in a HOT and then head towards Due Diligence looking for reasons to validate that number -/+
Other offers will vary depending on buyer