Coronavirus – How will this affect my small business?

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 …

What is your business really worth? (And how do you know?)

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?
Or….
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?