There are a lot of factors to consider before selling a business on the North Shore of Auckland; the first of them is setting the right sale price.
In determining the actual value of your business, enlist a professional to get the most realistic valuation. An appraiser can help assess the value of your business depending on your industry, location, and state of the market. A broker, on the other hand, can both get you the price you deserve as well as list your business on the market.
Brokers can find the ideal buyer for your business by listing it on marketplaces or connecting you with a vast professional network. The key to getting help from an expert is finding someone with a proven track record. Don’t just hire a professional for the sake of getting some help. Make sure the expert you’re hiring is not only good at their job but also experienced and backed by a wealth of resources and knowledge.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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