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steven842

How to value my business ?
« on: March 02, 2013, 05:14:13 am »
Guys I'm after a bit advice I'm thinking of moving on and doing some thing different with my life

I have approx 3k worth of work per month  80% commercial 20% domestic the vast majority of the commercial work is sub contracted to me and has been for over 5 yrs  what sort of figure do you think I could ask for this business ?
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Halfadaylee

  • Posts: 625
Re: How to value my business ?
« Reply #1 on: March 02, 2013, 07:17:25 am »
Is the sub contracted work yours to Sell?
Art
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Neil Gornall

  • Posts: 640
Re: How to value my business ?
« Reply #2 on: March 02, 2013, 07:54:08 am »
From a buyers point of view buying sub contract work would be very risky so I cant imagine anyone wanting to pay much.
The usual problem of the customer cancelling is doubled by the risk of the main contractor pulling out on you also.
Personally I would ask for some form of time guarantee to safeguard any investment.
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PurefectWindowCleaning

  • Posts: 2303
Re: How to value my business ?
« Reply #3 on: March 02, 2013, 03:51:39 pm »
I wouldnt be prepared to give you any money for sub contracted work, unless there was some form of guarantee like Neil said.
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DG Cleaning

  • Posts: 1726
Re: How to value my business ?
« Reply #4 on: March 02, 2013, 06:30:26 pm »
How long does it take & do you work alone? These factors will effect the value
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