Valuing the business
Ives, Paul
Valuing the business - 2005 - Letting Update Journal 13(2) July 2005, 18-19(2) .
Explores the options and issues involved with valuing a letting business in the last article in a series examining different aspects of developing and running a profitable property management business. Suggests that there are some valuation guidelines within the industry such as the value of the business being acquired is increased considerably if it can be carried out from the purchaser's exisiting offices. But valuation of a business is not an exact science. Describes the five steps that Leaders, an acquisitive specialist letting agent, follows to determine what should be paid for a business. Discusses the importance of the quality of an acquisition, making sure that the consideration for the business is actually paid, earnout arrangements and due diligence. Outlines a range of business valuation methods and provides further sources of information.
Valuing the business - 2005 - Letting Update Journal 13(2) July 2005, 18-19(2) .
Explores the options and issues involved with valuing a letting business in the last article in a series examining different aspects of developing and running a profitable property management business. Suggests that there are some valuation guidelines within the industry such as the value of the business being acquired is increased considerably if it can be carried out from the purchaser's exisiting offices. But valuation of a business is not an exact science. Describes the five steps that Leaders, an acquisitive specialist letting agent, follows to determine what should be paid for a business. Discusses the importance of the quality of an acquisition, making sure that the consideration for the business is actually paid, earnout arrangements and due diligence. Outlines a range of business valuation methods and provides further sources of information.