Tag: Network

7 Tips for Network Marketing Success #business #name #ideas

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7 Tips for Network Marketing Success

You probably have an image firmly planted in your mind of what network marketing (also known as direct sales or multilevel marketing) is all about–housewives buying and selling Tupperware while gossiping and eating finger sandwiches, or a high-pressure salesperson trying to convince you how easily you can become a millionaire if only you and your friends and their friends and so on would buy and sell vitamins with him.

Both of these images couldn t be further from the reality of network marketing. It s neither a hobby nor a get-rich-scheme but an opportunity for you to earn money running your own part- or full-time business.

But what does it take to succeed in this industry? Vincent J. Kellsey, director of member services for the Direct Selling Women s Alliance. an organization that provides a variety of resources to women and men in the direct-selling industry, offers these tips for making it:

Choose wisely. There are six key elements you should be looking for [when selecting an opportunity]. Number one: stability. How old is the company? Number two is excellent products or services that consumers will use and need more of.

Number three is the pay plan–how even and fair and generous overall is the distribution? This is really crucial as the pay plan represents exactly how you ll get paid–or not get paid. There are really only two questions to ask [regarding this]: How many pennies out of each sales dollar get paid back to the distributors each month, and how fair is the distribution of these pennies between the old members and the new members?

Number four is the integrity of the company and the management. As much as possible, [investigate] the experience of the CEO, [their] experience in the network marketing industry, and their background. [Have] they been successful in other companies in the industry? Do they have a good reputation?

Number five is momentum and timing. Look at where the company s at, what s going on with the company, and if it s growing.

Number six is support, training and business systems. You may have [chosen] a great company with excellent management, products that make a difference, a pay plan that s uniquely fair and very generous, and momentum and stability, but if you don t have a system in place that works, all of that [doesn t matter]. Most companies will have a transferable training system that they use, and that s where mentorship comes in.

Practice what they teach. [To succeed,] you need to be willing to listen and learn from mentors. The way this industry is structured, it s in the best interests of the [MLM veterans in your company] to help you succeed, so they re willing to teach you the system. Whatever [your mentor] did to become successful, it s very duplicatible, but you have to be willing to listen and be taught and follow those systems.

The higher-ups. It can be called various things, but the general term is the upline, meaning the people above you. How supportive are they? Do they call you? Do they help you put a plan in place? Are they as committed to your success as they are to their own? You should be able to relate to [the people in your upline] and be able to call them at any time to say I need some help. How much support there is from the people above you in the company is very important.

Take up the lead with your downline. There s a term in the network marketing industry called orphans –when somebody is brought in and then the person who brought them in is just so busy bringing in other people that they don t spend the time to teach and train [the new person]. You should be prepared to spend at least 30 days helping a new person come into the industry–training them, supporting them and holding their hand until they feel confident to be able to go off on their own. You really need to ask yourself, are you willing to do that? Are you able to do that? This is really about long-term relationship building. It s not about just bringing people into the business and just moving forward. It s about working with these people and helping them to develop relationships.

On the net. People are utilizing [the internet] as their main marketing tool. [You can set up your site] with autoresponders so when you capture leads, the autoresponder can follow up with that person. One of the greatest keys to success in this industry is follow-up. Many people will have someone call them who s interested or they ll call the person and say they re interested, but then they don t follow up with it. Automation on the internet has allowed a much more consistent method of following up.

The only drawback with the internet is people who utilize it to spam. If there was one thing I could put forward to say, Do not do when utilizing the internet as a marketing tool, it s spamming because that can give a very bad reputation not only to you but also to the company you re working with.

Taking care of business. This is a business, and just like if you were running a franchise or a storefront, you [should have an] accountant. You have all the same write-offs tax-wise that you have with running a [full-time] business, so it s very important to [do your research] prior to getting involved, before you start making money from it. How is that going to affect you tax-wise? What are your write-offs?

It s important to set up a [support] team around you. I d suggest seeking out lawyers who deal in network marketing, so they re very versed in all the laws and how that affects [your business.]. There are also accountants who specialize in dealing with homebased businesses specifically in the direct-selling industry.

Don t quit your day job. yet. Never leave your full-time position unless you re absolutely certain that the income that s coming in with this company is going to be there. [Be sure that] you ve been with the company [for awhile] and that you know it s a stable company, and the income that you re earning is equal to or greater than the income you re earning from your job before quitting.





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Home-based business – Canada Business Network #better #business #bureau

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Home-based business

When you are your own boss, working from home may seem like an appealing prospect, but before you decide to start a home-based business, there are a few things to consider. Launching a business in your home could be ideal, depending on the space you require and the nature of your work. You should make sure that this arrangement suits both your personal and professional needs.

You may be drawn to the advantages of working from your home. It can be less expensive than renting or buying commercial space, there may be possible tax deductions you can claim, (for example, a portion of property taxes, utilities, repairs and maintenance, home insurance and a portion of your mortgage interest or rent) and you may have more flexibility with your hours.

Ask yourself a few questions to determine whether having a home-based business is right for you:

  • Will working on your own suit your personality? Some people prefer to be in the company of colleagues.
  • Do you have the self-discipline to motivate yourself, even when business is quiet?
  • Might you have difficulty setting boundaries between your personal life and your business role? Will you face interruptions from family and friends?
  • Is there enough room for the resources you need, like special equipment or employees?
  • If your business is successful, will there be room to expand? How will you address this when the time comes?

When you decide you are ready to launch your home-based business, consider the following suggestions:

  • Review provincial and federal health, safety and taxation regulations related to your business.
  • Check municipal by-laws and determine whether your area is zoned for operating a business, particularly if you plan to deal with the public or have non-family-members working out of your home.
  • Designate a specific area of your residence as your workspace (as removed as possible from the ebb and flow of your household activities).
  • Try not to let chores or other distractions take you away from your work and interrupt your productivity.
  • Avoid letting the less formal setting interfere with your professionalism.
  • Be available to your clients by keeping a consistent schedule and getting back to them in a timely fashion.
  • Be aware that some home-based business opportunities may be fraudulent.

Beware of home business opportunities that seem too good to be true!

When you work from home, it’s important to have a space that is comfortable and functional. Take the time to ensure your home office meets your needs.

If you operate a small business from your home, discover ways insurance can help mitigate your risk of potential losses.





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Home-based business – Canada Business Network #business #bank #account

#home based businesses

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Home-based business

When you are your own boss, working from home may seem like an appealing prospect, but before you decide to start a home-based business, there are a few things to consider. Launching a business in your home could be ideal, depending on the space you require and the nature of your work. You should make sure that this arrangement suits both your personal and professional needs.

You may be drawn to the advantages of working from your home. It can be less expensive than renting or buying commercial space, there may be possible tax deductions you can claim, (for example, a portion of property taxes, utilities, repairs and maintenance, home insurance and a portion of your mortgage interest or rent) and you may have more flexibility with your hours.

Ask yourself a few questions to determine whether having a home-based business is right for you:

  • Will working on your own suit your personality? Some people prefer to be in the company of colleagues.
  • Do you have the self-discipline to motivate yourself, even when business is quiet?
  • Might you have difficulty setting boundaries between your personal life and your business role? Will you face interruptions from family and friends?
  • Is there enough room for the resources you need, like special equipment or employees?
  • If your business is successful, will there be room to expand? How will you address this when the time comes?

When you decide you are ready to launch your home-based business, consider the following suggestions:

  • Review provincial and federal health, safety and taxation regulations related to your business.
  • Check municipal by-laws and determine whether your area is zoned for operating a business, particularly if you plan to deal with the public or have non-family-members working out of your home.
  • Designate a specific area of your residence as your workspace (as removed as possible from the ebb and flow of your household activities).
  • Try not to let chores or other distractions take you away from your work and interrupt your productivity.
  • Avoid letting the less formal setting interfere with your professionalism.
  • Be available to your clients by keeping a consistent schedule and getting back to them in a timely fashion.
  • Be aware that some home-based business opportunities may be fraudulent.

Beware of home business opportunities that seem too good to be true!

When you work from home, it’s important to have a space that is comfortable and functional. Take the time to ensure your home office meets your needs.

If you operate a small business from your home, discover ways insurance can help mitigate your risk of potential losses.





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Starting a business – Canada Business Network #small #business #ideas

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Starting a business

Want to be your own boss? The idea of starting a business is appealing to a lot of people and can be very rewarding. This information will help you plan for a successful start to your entrepreneurship journey.

Get ready to start a business by doing the research and planning that will help you launch your project.

Access guides and checklists for starting different types of businesses.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

Find out about available sources of financing for your start-up business.

Choose the right name for your business. Your business name should be unique and easy to remember, and should describe the products and services you provide.

Find out about the requirements to register your business with different levels of government.

Learn about permits, licences and regulations that apply to your business.

Explore some of the resources that can help you with hiring and managing employees as well as paying a variety of taxes.

Trying to decide where to locate your business and how to arrange it once you get there? Consider your options.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-03-17

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Business planning – Canada Business Network #business #reviews

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Business planning

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

A business plan is a valuable tool for every business owner, whether you are starting up, have been in business for years, or are ready to grow.

Know what elements are considered essential in any business plan and the key points that should be included in each section of your plan.

Find sample business plans, free templates, writing guides and interactive tools to help you develop a professional business plan.

Find the answers to questions often asked about preparing a business plan.

Is your business ready to handle emergencies? Find out how to prepare and implement a business continuity plan.

Find the right strategy for selling your business or handing it over to someone else.

Learn more about market research, how to conduct it, and where to find free information and statistics to support your market research project.

Are you ready to start a business to further your non-profit organization’s mission or generate income to support its sustainability? Find resources to help you manage and grow.

Date modified: 2016-05-05

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What – s a Green Business? Green Business Network #business #environment

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What s a Green Business?

Triple bottom line company. Mission-based business. Social enterprise social entrepreneurship. Socially responsible investing impact investing. Green business.

Green America s Green Business Standards

Green America awards Green Business Certification to companies and organizations that meet or exceed our standards for social and environmental responsibility.

Green businesses adopt principles, policies and practices that improve the quality of life for their customers, employees, communities, and the planet. The members of the Green Business Network are changing the way America does business. What do green businesses have in common?

Green businesses are socially and environmentally responsible.

Green companies adopt principles and practices that protect people AND the planet. They challenge themselves to bring the goals of social and economic justice, environmental sustainability, as well as community health and development, into all of their activities — from production and supply chain management to employee relations and customer service.

Green businesses care for their workers.

Green businesses ensure they don t use sweatshop or child labor. Everyone who works directly for them or their suppliers earns a living wage and works in healthy conditions. They create jobs that empower workers and honor their humanity. They also serve as models for the role businesses can play in the transformation of our society to one that is socially just and environmentally sustainable.

Green businesses protect their customers and clients.

Green businesses ensure that they use the safest ingredients, to keep their customers and clients and their families healthy. They also provide green living alternatives to improve quality of life, with products and services that help in areas like affordable housing, sustainable agriculture, education, clean energy and efficiency, fair trade, healthy air, clean water, and more. And they reduce, reuse and recycle, setting a good example.

Green businesses improve their communities.

Along with ensuring their facilities aren t polluting their local communities, many green businesses take steps to make the places that they call home better. Green businesses often spring up in marginalized communities—inner cities, rural and indigenous communities. Many are even started by the people in these communities who, in turn, bring respect and dignity to their employees and the wider neighborhood.





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Buy a business or start your own? Canada Business Network #getting #a #business #loan

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Buy a business or start your own?

Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

Starting your own business

  • Complete freedom to design and manage the business according to your vision.
  • Not bound by anyone else s rules, history or assets.
  • Opportunity to carve out a new niche in the market.
  • Can be less expensive than buying a successful business.
  • Can take time to become profitable.
  • There is no guarantee of business success and a high rate of failure for new businesses.
  • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

Buying an existing business or franchise

  • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
  • Can start bringing in profits more quickly.
  • Can be easier to get financing because the business model is proven.
  • The upfront investment is often higher than if you were starting your own business.
  • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

Learn more

If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

Learn more about buying a franchise as an option for starting a business.

Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

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SAS Business Data Network #carpet #cleaning #business

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SAS Products

SAS Business Data Network provides a business data term list, which is an authoritative vocabulary that promotes a common understanding between stakeholders in an organization.

The most recent release is SAS Lineage 3.1.

News

SAS Business Data Network 3.1 Now Available

SAS Business Data Network 3.1 is an application that enables you to manage a business data term list. It supports a collaborative approach to managing the following information:

  • Descriptions of business terms, including their requirements and attributes
  • Related source data and reference data
  • Contacts (such as technical owners, business owners, and interested parties)
  • Relationships between terms and processes (such as Data Management Studio jobs, services, and business rules)

By linking terms to business rules and data monitoring processes, SAS Business Data Network provides a single entry point for all data consumers to better understand their data. Data stewards, IT staff and enterprise architects can use the terms to promote a common vocabulary across projects and business units. Permissions can be set to allow only specific users to access and/or control the data in SAS Business Data Network.

SAS Business Data Network also provides workflow support that enables you to divide the responsibilities for creating, reviewing, and approving terms among the members of your team. In this way, each role can be fulfilled by the most qualified member of the group.

Free Online Documentation

  • Most recent release for SAS Business Data Network

SAS Business Data Network 3.1

  • SAS Business Data Network 3.1: User’s Guide PDF | HTML
  • The User’s Guide is accessible within the product.
  • All online documentation for supported releases of SAS Business Data Network [HTML]
  • Technical Papers

      SAS Global Forum 2014
    • Managing the Data Governance Lifecyle [PDF]
    • What’s New in SAS Data Management [PDF]

    SAS Publishing Representatives are available in the U.S. from 8-5 ET to answer your documentation questions. Contact us at 1-800-727-3228 or e-mail.

    Training

    Curriculum consultants are available in the U.S. from 9-5 EST. Contact us at 1-800-333-7660 or e-mail.

    International customers, please contact your country office.

    Online Support Resources

    This page contains online support resources that are specific to this product. Visit the Support page to access various self-help and assisted-help resources or submit a problem through the SAS Technical Support form.

    Data Management Community

    Share your experiences, questions and ideas with other SAS Business Data Network users.





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    Buying a business – Canada Business Network #business #address

    #buying a business

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    Buying a business

    Buying a business can take time, energy and a fair bit of research. It can be less risky and more affordable to purchase an existing business than to start one from scratch, but it is important that you do your homework to ensure that you buy the right business for you, and that you pay a fair price for it.

    On this page:

    Where to find a business to buy

    Businesses for sale are often advertised in print media and online, but sometimes business opportunities can be misleading. Make sure to do your due diligence before you take action. Try trade publications or commercial investment magazines, or talk to a broker who specializes in a specific industry. Networking at business events can help get the word out that you are looking to buy.

    Find buyers or find a business to buy based on algorithms allowing you to find the best match based on skills and goals.

    Looking to buy or sell an existing business in Ontario? Use this online marketplace to find available businesses that match your search criteria.

    What kind of business should I buy?

    If you buy an existing business, you have two choices: franchise, or traditional (independent) business. There are advantages and disadvantages to both.

    • Proven track record This is an established business with a proven concept; there is less risk and less initial capital required than with starting something brand new. Similarly, when it comes time to sell, you may have an easier time finding prospective buyers for a known entity.
    • Built-in customer base People know what to expect from your business because they know the brand, and trust the product or service.
    • Setup, support and training Having a parent company means having the infrastructure and processes in place, from equipment to uniforms to corporate advertising, rather than having to develop them on your own. Other franchisees can also be a source of support.
    • Set of rules and regulations to follow When you operate a franchise, you have less control over the operations than if you own an independent business; you also have to pay a percentage of your revenues to the parent company, which reduces overall earnings.
    • More control and responsibility You have the autonomy to set your own rules, but the success or failure of the business rests solely on your shoulders.
    • No fees or royalties You keep all of your earnings without sharing any of the profits.
    • More opportunity and risk You can sometimes find a business that may not be doing well but has potential. If you are willing to do the work, you may reap the rewards; you must be prepared if things don t turn out as planned.

    Evaluating a business

    Before deciding to buy a business, you should evaluate its condition and potential. Think about the following things:

    • What is the physical location of the business like? Is the office, warehouse, plant or retail space in good shape? What about any equipment or inventory?
    • If it s an online business, how well-designed is the website? Is it secure? Are there any metrics to study?
    • Does the business have a good reputation? You can check online for customer reviews.
    • How visible and easily accessible is the business? Is it located in an urban or rural area? You will have to consider expenses like increased shipping costs if you are farther away from your suppliers and customers.
    • Are the products or services generating revenue? Are sales increasing, decreasing or are they flat?
    • Does the business have a good working relationship with its suppliers and bank?

    If a business is doing poorly, examine what the potential causes are. It may be a case of poor management, or inadequate resources. If you think you can turn it around and make it profitable, you could stand to gain from your investment; on the flip side, you are taking a big risk if it doesn t work out.

    If a deal seems too good to be true, chances are, it probably is. Learn how to determine what type of business you should buy.

    Know your options when buying a business. Consider the pros and cons of each business type, situation and stage.

    If you need to know the value of your business, learn about the different approaches to business valuation.

    What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

    Protect yourself when buying a business. This article outlines the steps you need to take before signing on the dotted line.

    Determining how much to pay for the business

    As a buyer, it all comes down to knowing what you can afford before negotiations start. You should be flexible in your negotiations, but also keep your budget and the value of the business in mind.

    What is the value of the business?

    • You will have to determine the value of assets such as the building, equipment and products.
    • Further factors to consider are the business financial statements, annual reports and intellectual property (for example, patents and trade-marks).
    • Other valuable assets to any business are its reputation, customer lists, and quality of personnel.

    Talk to clients who buy directly from the business. It is better to find out the reputation of a business before you sign on the dotted line. Banks are more receptive to a business that has a proven track record.

    Find out how to access funding for your business.

    Final considerations

    • Take your time and verify all of the information you are given before you commit yourself.
    • Buy a business in an industry you know well and with products or services you are comfortable selling.
    • Buy based on the return on investment and not only the price. You don t want to leave yourself short of funds for future expenses.
    • Investigate suppliers, clients and the reputation of the business before you buy.

    If you are buying a business and its inventory and assets, learn about some of the requirements, changing ownership and GST/HST considerations.

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    Put a price tag on your business: A guide to business valuation – Canada

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    Put a price tag on your business: A guide to business valuation

    If you want to sell all or part of your business, you need to have an idea of its value. This information will help you understand the different approaches to business valuation, but you may want to seek professional guidance and advice. Prospective investors will also assess its value when they consider your proposal.

    The process of determining the value is called valuation. You and the buyer or investor need to determine what you feel is an appropriate business valuation because it will be the basis for negotiating:

    • How much of your business the investor or buyer will purchase
    • How much the buyer or investor will pay (the price of the business or of its shares)
    • The return the buyer or investor can expect to earn

    Ways of valuing a business

    Valuation is not an exact science, and there are different ways of valuing a business. Each of these methods is based on different assumptions and financial information, which typically results in a different value for each method. For instance, you could base a valuation on the assets of a business (how much it owns) or by taking into account projected revenues or cash flows. Investors generally prefer methods based on cash flows. It s important to know about a variety of methods because they can be useful as benchmarks to check the validity of the value and the price you determine.

    Earnings and cash flow-based methods:

    • Discounted cash flow
    • Going-concern value

    Discounted cash flow

    From the investor s perspective, this is usually the most accurate and effective way to estimate a business value because it is based on future cash flows. These cash flow figures reflect the amount of money that is estimated to come into the business and will ultimately determine the investor s return on investment. The discounted cash flow method is used to answer three critical questions:

    • Value: How much is your business worth today, based on what it will earn in the future?
    • Rate of return: What is the buyer s or investor s expected rate of return, given the amount invested and your business financial projections?
    • Equity share: How much equity will the buyer or investor receive for their investment?

    The discounted-cash-flow method is often preferred because it can be more accurate than other methods. Its accuracy and complexity are due to the fact that it:

    • Uses cash flows: It takes into account the projected ups and downs of revenue over a period of time.
    • Discounts the cash flows: It adjusts the cash flows by a rate that is acceptable to the investor to account for risk and the time the investor must wait for a return.
    How it works

    In this method, cash flow predictions are discounted, or reduced, to adjust for the risk the investor faces and to make up for the fact that the investor could invest their money in something else.

    Investors are looking to be compensated for their risk, and their benchmark rate or “discount rate” will adjust for the value of money over time. They will choose a discount rate and compare your proposal against that rate.

    Advantages and disadvantages

    The discounted cash flow method allows values to be estimated even when your cash flow is fluctuating. A start-up or new venture may expect to lose money in the first years and then make money in later years. These changes in cash flow are taken into account by the discounted cash flow method.

    If you use this method, keep in mind that:

    • Its accuracy depends on the accuracy of your cash flow projections. That is why your financial data and assumptions are critical.
    • It is a complex process, so you may require professional guidance.
    • It can give you detailed estimates, but it is important to remember that business valuation is not an exact science your numbers will be based on assumptions and predictions of future performance.
    Value: How much is your business worth today?

    Let s say financiers are considering an investment in your business, but plan to take their money out in five years. To them, your business is worth today what it can earn during those five years, plus their share of the value of the business at the end of the five years. However, future cash flow numbers and the future value of the business are unknown. The discounted cash flow method applies adjustments or “discounts” to account for those unknowns.

    Using this method, the value is the total of the cash flows, adjusted or discounted, plus the value remaining (or residual value), also discounted.

    Rate of return: What rate of return will the investor expect?

    Investors want to calculate their rate of return. To do that they must compare the amount of the investment to the amount they will earn at the end of the investment period. But how can they know what they will earn in the future? Again, they must use the discounted cash flow projections to estimate the future value of their investment. To do so, they will need to:

    • Estimate the cash flow in the final year
    • Estimate the value of the business based on the cash flow
    • Calculate the final value of their share in the business
    • Determine their rate of return
    Value, return and exit strategy

    The method used to calculate values and rates of return depends on the specific exit strategy used. Commonly-used methods include going-concern value, book value, and liquidation value.

    Going-concern value

    The going-concern value method calculates your business value based on its capacity to produce a stream of cash flow in the future. The greater the cash flow your business generates in the future, the higher your business value today.

    How it works

    The going concern value, like discounted cash flow, compares the current investment to the future receipts (cash inflows). This method uses the revenues of previous years to project future revenues, and it assumes those revenues will not change.

    Book Value

    This value is the net worth, or shareholders equity, of your business as shown in its financial statements. At its most simplified, subtracting your liabilities from your assets will give you your business net worth or book value. Book value can be described as the historical value of an asset that, at a given time (the day it was purchased), represented the economic or market value of the asset, less its accumulated depreciation.

    How it works

    To determine the book value, subtract your liabilities from the value of your assets. The difference gives you your net worth or shareholders equity. In practice, book value is seldom used in the process of securing venture capital, although it can be a realistic approach to measuring a small business net worth.

    Liquidation value

    A liquidation value is assigned to a business being sold in order to satisfy its creditors. Tangible assets, such as land, usually have a liquidation value close to their market value. Inventories and accounts receivable, on the other hand, are usually valued at less than what is shown in the books.

    How it works

    To determine the liquidation value, all assets are assigned distressed values, and all debts are totalled at book value. Most assets sold under duress are discounted from their fair market value. The difference between the distressed value of the assets and the actual or book value of the liabilities is referred to as the liquidation value.

    The liquidation value doesn t reflect the real worth of an asset or a business; in most cases, it is substantially less than the market and book values. This method is typically used only if a business is in serious financial trouble.

    Should I seek a financial advisor for help with valuation?

    Business valuation is a complex task, and a financial advisor with experience in business valuation can be an invaluable asset.

    A professional valuator can:

    • Provide the experience needed to accurately determine the value of your business
    • Offer an objective view of your business worth
    • Give investors more confidence in the credibility of your valuation

    Conclusion

    There is a saying in the venture capital industry: “The value of a business is only what someone is willing to pay for it.” In other words, the market, and your ability to attract investors and negotiate with them will determine the value or selling price.

    Remember that many factors affect the value of your business. Seeking professional assistance can help you calculate an accurate value for your business.

    Learn how to determine the value of your business and find ways to increase it.

    What is a fair price to pay for a business? Read this article to learn how to estimate the value of a business.

    Enlist the help of an expert who can quantify the worth of all, or part, of your business or its securities.

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