The Coronavirus outbreak in China, which is now spreading throughout the world, has forced millions of people to stay at home and not travel which will have an obvious knock-on impact on the economy here in Australia. While the full financial impact of the outbreak on global business is still revealing itself let’s take a …
You’re in business, approaching retirement.
You’re clear on your financial goal and lifestyle aims.
Will the sale of your business achieve the financial goal? Will you get the price you want?
You’re ambitious. You have found a business you think has good potential. You want to buy it. But you don’t want to pay too much.
Either way, you want to know, “What is the business worth?
As the CFO of your small business, the first item in your job description is “Get the capital your business needs”.
Every small business—new and existing—must manage the capital of their business.
Your business requires working capital just to stay in business beyond what was necessary to start your business.