Jan 10, 2012
2012 Resolution: Educate People on How to Successfully Buy, Fix and Sell a Business
For too long now I've used this blog as a place to store random thoughts and ideas. I've used it to share a bit of my philosophies on life. Enjoyable as this may be for me, it's not much use for anyone who might be looking to do what I do. That is, buying, fixing and selling companies. Because I've received more inquiries the last several months from people wanting me to evaluate specific business opportunities they're considering, I believe this would be a great platform for addressing questions and specific deals. I promise to maintain propriety. I can certainly appreciate the need to keep specifics of a deal confidential. However, unless otherwise requested, I will be sharing enough information on the deal to help others, while of course, eliminating confidential specifics such as the location of the target. My hope is that we can learn together. If there's a business you're considering purchasing, or you're in a distressed situation, or you're just trying to sell your company, feel free to email me with your questions and I'll do my best to get back in touch with you within 48 hours. No promises though, okay?
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I am wondering if my comment went through? If not can you elaborate on how you would determine a valuation for a company with no positive cash flow? Would you simply value the company at asset value? Any other thoughts on determining a valuation? Thanks!ReplyDelete