When assessing the value of your business, it’s important to look beyond just the numbers on your balance sheet. Many owners focus solely on the book value of their assets—what’s recorded after depreciation—but this often misrepresents their true worth.
Every story has an ending, and for many business owners the final chapter can be one of the most challenging. There is no guarantee of a happy ending, however there are some simple steps that give your business the best chance of selling at a fair market price. Finding a buyer gives you the recognition for the hard work you have put into building your business and can also provide funds for your next venture/investment or your retirement.
In mid 2021 MMJ Business Sales asked the a diverse range of Illawarra business owners about where they’re at right now, to help us better understand the needs of our customers.
MMJ Real Estate recently hosted their inaugural Commercial Market Update, providing local community & business members with invaluable insights from an expert panel of in-house personnel.