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Published on 11/05/2021 Tag: covid-19, buy business, sell business
Are you worried about how the coronavirus will affect the sale or purchase of your business? In fact, it is the ideal time for buyers who are looking for an investment and, therefore, sellers will still have the opportunity to sell. The Singapore economy is expected to see a gradual recovery over the course of the year. The GDP growth forecast for 2021 is maintained at “4.0 to 6.0 per cent.
Published on 11/12/2014 Tag: Myth, Sell Business
The typical business owner will only sell a business once. Understanding the complex process involved will help produce the best results. But don’t fall prey to the myths that can derail or seriously affect a potential sale. Myth #1 – I Can Sell It Myself Many owners believe they’re qualified to sell their business without professional assistance. Many owners are entrepreneurs and the key salesperson for the company. But selling a business is not like selling a product or service. ...
Published on 11/11/2014 Tag: Sell Business, Business Valuation
As a business owner considers placing his or her company on the market, ascertaining the proper value for the company is critical. Too often the owner assigns an unrealistic and unachievable arbitrary value then proceeds into the sale process only to be disappointed with the market’s response. As a result, the asking price is reduced several times. During this unfortunate period buyer prospects and valuable time is lost. In truth, a company’s value is determined by a compilation of factor...
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