In this week’s Pillars of Success, Daniel Carr, GM of Equipment Finance and Small Business Lending NAB, gives viewers the lowdown on how to value a business.
Whether you’re buying or selling a business there are a few things you need to understand when it comes to setting a price. A buyer will want to know how much profit a business makes and balance that with the risks involved. Some things to consider include goodwill, tangible and intangible assets and the reason for a sale.
Watch the segment