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Old May 6, 2015, 06:46 PM
sandalwood sandalwood is offline
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Join Date: Sep 2011
Posts: 459
Default Re: Another way to make money

Quote:
Originally Posted by OddBall View Post
Hey Don.

Just done a G search for:

''How To Find What Your Business is Worth''

1st ad at the top of the page:

valuemybusiness.co.uk

Did/put in a fictitious company/with figures ...and YEAH it spat out the Business Worth for FREE!

Check here:
http://www.valuemybusiness.co.uk/val...tor/j5a3ah3m3r

Yeah your puppy worked years ago, but i have my doubts if if would work now...so i'll pass on ya offer.

BUT, there is CERTAINLY something in ya strategy...

Keep em coming...Cheers, from the limey over the pond

I used your search phrase to see what I would come with. One of the sites it produced had this to say:

There are several ways to calculate the value of a business:

•Asset Valuations: Calculates the value of all of the assets of a business and arrives at the appropriate price.
•Liquidation Value: Determines the value of the company's assets if it were forced to sell all of them in a short period of time (usually less than 12 months).
•Income Capitalization: Future income is calculated based upon historical data and a variety of assumptions.
•Income Multiple: The net income (profit/owner's benefit/seller's cash flow) of a business is subject to a certain multiple to arrive at a selling price.
•Rules Of Thumb: The selling price of other "like" businesses is used as a multiple of cash flow or a percentage of revenue.

Since I don't know what parameters Don used in his biz val program, I can't speculate as to whether his program is or isn't out of date. I would bet not since he seems to be the meticulous type who would have thought it through.

There were other sites listed on the search page but most of them had a book to sell. So did the site from which I took the above excerpt but I liked the excerpt so I quoted it.

By the way, this is one service we provide as well. We would use the Principal for this valuation. Costs vary depending on what you want. But you already knew costs would vary, right?
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