3 questions to ask when valuing a business [infographic]

Posted by James Price | JPAbusiness on 17-Jul-2019 02:00:00

Business valuation is not an exact science and nor is it a simple science. However there are some factors that should always be considered when assessing a business’ value.

They are:

  • repeatability of current earnings
  • availability of information on the business’ performance and business model
  • point of difference and competitive advantage.

We've created the following infographic to help you get started on assessing the value of a potential purchase opportunity.

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Topics: Business Value, Free download, Advice, Valuations, infographic, Business valuation, Parramatta, Orange NSW

How NOT to manage a business ownership transfer

Posted by James Price | JPAbusiness on 10-Jul-2019 02:00:00

Value can be destroyed overnight if a business sale transfer goes wrong.

A few years back we published an eBook and checklist designed to help people manage this transfer process, after an experience I had while conducting due diligence for a client.

My client was in the process of purchasing a building products business in Queensland, which sold to both the trade market and retail customers.

Contracts had been exchanged and a deposit paid by my client, but the sale was subject to the outcome of my due diligence.

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Topics: Buying a business, Free download, Business transfer, Checklist, business advice, selling a business, JPAbusiness, Parramatta, Orange NSW

Follow our 10-step business buying process [infographic]

Posted by James Price | JPAbusiness on 03-Jul-2019 02:00:00

 

Step 1: Imagine the process of assessing different businesses for sale as a funnel

The top of the funnel is wide and has a screen which sifts out businesses which don’t meet your requirements.

These requirements may relate to:

  • Geography
  • Size and turnover
  • Earnings
  • Price
  • Product or service
  • Customer base, etc.

Once the various sale opportunities have been ‘sifted’ you are left with the select few businesses which meet your requirements. 

Continue reading...

Topics: Buying a business, Free download, infographic, business advice, Business advisor, James Price, business buying funnel, Parramatta, Orange NSW

Free checklist: Are you the 'right fit' for business ownership?

Posted by James Price | JPAbusiness on 18-Jul-2018 02:00:00

If you're thinking about buying or starting a business – moving from the employed workforce to self-employment – take a look at our free Business Owner's Checklist.

The checklist features 10 common attributes our team tends to find in people who successfully build and run businesses.

Among these attributes are:

  • persistence
  • ability to deal with uncertainty, including extreme highs and lows
  • ideas person, with an eye to commercialisation and reality
  • self-confidence, but not arrogance
  • someone who can trust others.
Continue reading...

Topics: Buying a business, Free download, Template, business advice, Business advisor, James Price

The 10-step business buying process [infographic]

Posted by James Price | JPAbusiness on 18-Jul-2018 02:00:00

 

Step 1: Imagine the process of assessing different businesses for sale as a funnel

The top of the funnel is wide and has a screen which sifts out businesses which don’t meet your requirements.

Continue reading...

Topics: Buying a business, Free download, infographic, business advice, Business advisor, James Price, business buying funnel

How valuers assess a business' online presence [infographic]

Posted by James Price | JPAbusiness on 27-Jun-2018 02:00:00

In order to determine a business’s value we assess business health factors, which may include:

  • Financial performance
  • Quality of product or service delivery
  • Point of difference and competitive position
  • Staff culture and performance
  • Physical location and geographic coverage
  • Diversity, size and quality of clients
  • External pressures on business, including industry trends and dynamics
  • Future projections and prospects.

In the past five years, a critical new health factor has been added to that list: ‘Online presence and quality of online interaction’. 

The following infographic illustrates some of the factors we take into account when assessing a business' online position.

Continue reading...

Topics: Business Value, Online, Free download, Running your business, infographic, Business valuation

Free template: Buying a Business Planning Sheet

Posted by James Price | JPAbusiness on 13-Jun-2018 02:00:00

A good business purchase is about planning and ensuring you have plenty of information to base decisions on, rather than rushing in and letting emotions take over.

Use our Buying a Business Planning Sheet to help you ‘make a match’ between your requirements and risk profile, and the business you are assessing.

Continue reading...

Topics: Buying a business, Free download, Advice, Template

Template – Buying a Franchise Planning Sheet

Posted by James Price | JPAbusiness on 21-Mar-2018 02:00:00

Buying a franchise may, on the surface, seem like any other business purchase.

However, a franchise is a special type of business in which the brand and business operational model has been systematised.

A franchise may have additional, more complex requirements for a buyer to consider and meet, but they also tend to come with more ongoing support than regular businesses.

We have created the JPAbusiness Buying a Franchise Planning Sheet to help business buyers assess potential franchise opportunities.

Continue reading...

Topics: Buying a business, Free download, Template, Franchises

Tips for successful outsourcing [cheat sheet]

Posted by James Price | JPAbusiness on 14-Mar-2018 02:00:00

Outsourcing is hardly a new phenomenon in business, but globalisation and technological advances have made it a much more common one.

Many small to medium-sized enterprises – including my own – have a ‘virtual team’ of service providers who work in concert with the regular team of in-office staff members.

We have created the following cheat sheet based on our experience and that of our clients who also have valuable outsourcing partnerships.

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Topics: Free download, Advice, Staff, Running your business, cheat sheet, outsourcing, business advice

Buying a Business Planning Sheet [template]

Posted by James Price | JPAbusiness on 09-Aug-2017 05:12:00

A good business purchase is about planning and ensuring you have plenty of information to base decisions on, rather than rushing in and letting emotions take over.

Use our Buying a Business Planning Sheet to help you ‘make a match’ between your requirements and risk profile, and the business you are assessing.

Continue reading...

Topics: Buying a business, Free download, Advice, Template

 
Disclaimer: The information contained in this blog is general in nature and should not be taken as personal, professional advice. Readers should make their own inquiries and obtain independent, professional advice before making any decisions, taking any action or relying on any information in this blog. 
 
 

 

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