Forum > County Durham Business and Employment

Selling an established business?

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Stromboli:
Anyone got any tips on selling an established business. Also anyone who has a small business that is for sale let me know! :wink:

Linkback: http://www.northeastforum.co.uk/index.php?topic=7664.0

jetster:
Selling an established business:

You have to cost it up. This is usually either around 5 years of net profit of the business, or asset valuation. Sometimes you base it on the cost that it would incur if someone tried to start the business that you're selling and develop it to the point you're at.

There's probably too much to put in a forum, so take a look at:
http://www.businesslink.gov.uk/bdotg/action/layer?topicId=1074400490

Linkback: http://www.northeastforum.co.uk/index.php?topic=7664.0

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