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regency

  • Posts: 22
buying the buisniess
« on: July 09, 2008, 05:33:20 pm »
CAN ANY ONE HELP ME .MY BOSS WANTS TO RETIRE AND SELL ME THE BUSINESS .I HAVE HELP BULID IT UP OVER THE 10 YEARS I HAVE WORKED THERE .HOW DO YOU WORK OUT A FAIR PRICE .AS PEPOLE SAY SO MANY TIMES THE NET PROFIT
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shelton

  • Posts: 175
Re: buying the buisniess
« Reply #1 on: July 09, 2008, 07:11:42 pm »
I have no idea, but would suggest you start with Google, liaise with your local Business Link, go see the bank manager, don't type in CAPS, and do a full stop, then a space and not the other way around.

Seriously, for this sort of advice, get advice from people who do it for a living.

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BDCS

  • Posts: 4777
Re: buying the buisniess
« Reply #2 on: July 10, 2008, 08:37:13 am »
Get an independant accountant to look at the books but remember things look bleak at the moment
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