Post about "Business"

Evaluating Your Business For Sale

What is the value of your business? Ask three expert evaluators to come up with a value and there is a good chance they will come up with three numbers that are not close to one another. What is an owner to do when faced with this dilemma?How did the experts determine the value and why did their final number vary from one another. The reason is simple enough. There are subjective elements to every business evaluation. Each of these experts put a value on the subjective elements that goes along with their personal experience with the business that is being evaluated. This will account for their differences in value. Most business people if they really did get three appraisals would take the highest one and be done with it.What is needed to make an evaluationWhat do the evaluators need in order to come up with a business evaluation? They need access to all of the financial records of the company. They need an inventory list and value based on whatever method is used to get this number. It is usually first in first out prices or last in last out prices. Both are valid means to value an inventory. Projected sales figures and profit can be used to add some value for the future to a present day value. They will also speak to employees, suppliers and competitors to see how they think the company is doing. They will look at what similar businesses have sold for in the last couple of years and at the state of the present economy. These evaluations will always be based on old information and with an ingredient of future prospects. It is this amalgamation of the old and the possible that causes the range of values from different experts.Every evaluation needs to be heavily weighted to with future numbers or the price will be set to low. It has to take into consideration the prospects for the company and its future business.With all of these numbers, the professional will use different methods to come up with a price After this is done, the numbers are looked at and a judgment is made as to what one seems to be the most correct. Again this is a subjective decision.Comparisons of prior sales in the industryWhat have other businesses in the same industry sold for and how do they compare with the business that the evaluation is being done on. This information is very helpful and should make the evaluation a little more realistic. These sales comps will set the tone for how other businesses were rated as to their sales and the selling price It should help in setting an asking price that represents the current value of the company.Where will the company be in three yearsLooking at the growth curve of the business and assuming a similar rate of growth in the future, one could come up with where the company will be in three years. If the growth has been stable for a number of years, there is every reason to think it will continue at a similar rate if no drastic changes are made and the customer base continues to grow. With this in mind, the price of the business should take this future outlook into account.When this is explained to the buyer, then it must be validated with facts and figures that his advisors can peruse. A well-documented presentation will go along way in alleviating doubts and questions about how you came up with your numbers and the asking price.Intangible factors to be consideredThere are some factors that enter into the evaluation of a business that cannot be reduced to shear numbers and accounting sheets. If the business being evaluated has a significant standing in the industry then this is worth something in the price. If they get a large percentage of the available business that is a plus factor for the business. If its reputation is impeccable then that is another factor that is difficult to put into accounting terms. All of these intangibles when added together make the company more valuable than it would seem to be from just the financials. This is why it is important to investigate and questions others about the company. If the business is the result of one strong individual who will not be there when it is sold, then that could present a problem that could be difficult to overcome. Be very careful about this kind of business.Intangible assets such as these are hard to put a number on unlike the hard assets of the company. Equipment can be valued at a depreciated value, which could then be used to set a foundation for the final price.Is there going to be an ongoing need for your businessThis one question when answered will help with the question of should you buy the business. A plumbing company will always be needed in our civilization. As will an electrical company. A drywall company will probably always be able to find work. Is the business you are thinking of buying a company like one of these or could its business be done away with without any harm. If the business will always be in demand that is a very strong reason to consider its purchase.Are there high tech innovations that are going to change the business and you have the expertise to make the change. If this were the case, then you would have a leg up on other businesses like yours. These are considerations with profound affects upon whether you should become the owner of not. If you are able to bring the business into the modern age and take advantage of the new technology then you could make the business grow far beyond what it is today. This is the kind of opportunity that every buyer is looking for and few find.ConclusionsIt is highly suggested that a seller bring in a certified business broker to help with the evaluation, the presentation materials and the finding of prospective buyers for the business. Since this is their business then this is something they usually can do far better than a seller can do it. The broker can help a great deal in the negotiations and the final stages of the sale. They have a vested interest in seeing the business sale go through. The most important thing that they can help with is developing the asking price. After helping to set the price they can come up with justification that will stand the eagle eye of the buyers financial experts. This creditable price is the basis for all other negotiations.The expert business broker can smooth things along and keep the ball rolling in the move to make the sale. Their knowledge and experience can stop delays from happening and their damaging effects. When negotiations stall, then the sale is in jeopardy. This should be avoided if at all possible.Bringing in the pro solves so many problems and can lead to a successful sale that is completed quickly and at a decent price. Their value cannot be overstated in a business sale.

5 Empowering Tracks From Female Icons To Make You Feel Inspired

Sometimes we all need a little lift. Whether you’ve had a recent knock to your confidence, have been going through stress in your personal or professional life, or have always struggled with your self-esteem, music is an essential tool for lifting your spirits and making you feel better about yourself.

According to a study by Heriot-Watt University, the type of music you listen to not only influences your mood, but also your personality, with indie and rock/heavy metal fans reporting the lowest levels of self-esteem, while fans of jazz, blues, opera, classical, pop, rap and soul all reported high levels of self-confidence.

So if you’re having a ‘down day’, why not boost your spirits by listening to some powerful, uplifting tracks? Here are five perfect confidence boosters.

Britney Spears – Toxic
Britney’s own struggles with her mental health and conservatorship have made her an inspiration for many people across the world.

This classic song is timelessly sensual, and the heavy beats throughout make it impossible not to dance to. A welcome blast of nostalgia, this tune has filled dance floors across the globe with fans old and new.

The video features Britney as a female spy playing the sexy flight attendant, seducing her passenger before she makes her escape on a motorbike and breaks into a high-security facility guarded by a laser security system.

This track and video is a guaranteed way to feel invincible, and deserves a place on your playlist no matter your mood.

Kelis – Milkshake
A cheesy classic that is guaranteed to make you feel all warm and gooey inside, Kelis pumps up the heat in this 00’s RnB track. Underpinned by intricate drum beats and electric elements, Kelis’ self-confidence is infectious, and it’s hard not to find yourself smiling at the lyrics.

This track is a great way to get into a flirtatious mindset, making it a great choice before going on a date or heading out for the evening.

And if you’re staying in? It’s a great mood lift. But beware! You may find yourself craving a sweet treat.

Eve (ft. Gwen Stefani) – Let Me Blow Your Mind
This RnB classic will capture your attention with its assertive rhythm and powerful vocals from 00’s icons Eve and Gwen Stefani. Featuring a laid-back – yet self-assured – beat, and catchy guitar riff, this is a great track for driving, and its empowering feel is sure to help you feel motivated.

Got a job interview lined up, or thinking of asking for a raise? This anthemic number is a quick way to feel positive and more assertive.

The video features Eve and Gwen Stefani crashing an exclusive event on quad bikes, causing a stir among the privileged attendants, and shoving the performer off stage to perform their own music, before finally being arrested and taken to the station in a police van.

This ‘baddie’ track helps you to tap into the hidden ‘bold’ side of your personality, and lifts your mood while keeping you feeling calm and cool.

Fergie – MILF$
If you have kids, it can be difficult to feel sexy. When you’re running around cleaning the house, changing nappies, or up to your elbows in dishwater, you can easily forget your sensual side – leaving you feeling frumpy and lacking in confidence and motivation.

Thankfully, Fergie’s comeback track is a quick remedy to your low mood and lethargy.

Featuring attractive mothers dressed in curve-hugging latex and silky lingerie going about their daily life in a dreamy, colourful suburbia, this track is a quick way to transform your self-esteem and transport you to a world where you are not just a mother, but a goddess too.

Why not shake off the day and tap into your feminine energy with Fergie, your sexiest PJs, and a bottle of your favourite wine?

Marina And The Diamonds – How To Be A Heartbreaker
Low confidence after a breakup? You’re not alone. Having your heart broken can leave you feeling depressed, undesirable, and unmotivated. So flip the tables on your ex and become a heartbreaker with Marina’s catchy club classic.

This empowering dance track will make you want to move your body and get in touch with your bad girl side, with its heavy beat and pounding rhythms.

Plus, if your libido has suffered as a result of your low mood, take a sneaky peek at the video – it will get your blood pumping with its steamy shower shots and smoking hot male models.