New Posts For Thread: Business valuation?https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuationI know it is not exactly in the right thread but any idea what a phone business with a turnover of 1.5 million, net profit of 85,000 would be worth??When you say All you have to do is collect the money every 3 months I take it there are contingencies on you receiving the full amount.What happens if1 Turnover targets are not met?2 Profitability targets are not met?3 Who measures whether the targethttps://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519364005#519364005When you say All you have to do is collect the money every 3 months I take it there are contingencies on you receiving the full amount.What happens if1 Turnover targets are not met?2 Profitability targets are not met?3 Who measures whether the targetSat, 05 May 2012 13:57:27 -0500Keep a few decent once a week merchants and back door that cash , sell the rest.https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519363445#519363445Keep a few decent once a week merchants and back door that cash , sell the rest.Sat, 05 May 2012 13:42:38 -0500irishbookmaker01 May 12 17:23Basically I will get the 200,000 for absolutely nothing as I will only have to collect the money every three months or else keep working 14 hour days for the next 5 years for twice that. Money V A life I suppose.I think yhttps://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519278811#519278811irishbookmaker01 May 12 17:23Basically I will get the 200,000 for absolutely nothing as I will only have to collect the money every three months or else keep working 14 hour days for the next 5 years for twice that. Money V A life I suppose.I think yThu, 03 May 2012 04:06:03 -0500Why are your clients betting with you and not with whoever is best price? If there's a value to the personal relationships you've built up with them, how will this be preserved once the 200k sale goes through?https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519223959#519223959Why are your clients betting with you and not with whoever is best price? If there's a value to the personal relationships you've built up with them, how will this be preserved once the 200k sale goes through?Tue, 01 May 2012 13:24:59 -0500ok, there's no problem with an unaccounted salary in valuation then. The other issues could be business risk and the ongoing incentives of the buyer.Risk: you're selling up, but still end up with the downside risk (usually the seller is selling thehttps://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519223549#519223549ok, there's no problem with an unaccounted salary in valuation then. The other issues could be business risk and the ongoing incentives of the buyer.Risk: you're selling up, but still end up with the downside risk (usually the seller is selling theTue, 01 May 2012 13:12:09 -0500I work lots of hours and get roughly 30,000 a year and after all other expenses there is 85,000 still left in the kitty. Company profit tax paid then.. About 10,000. Rest company profit.https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519222215#519222215I work lots of hours and get roughly 30,000 a year and after all other expenses there is 85,000 still left in the kitty. Company profit tax paid then.. About 10,000. Rest company profit.Tue, 01 May 2012 12:33:55 -0500so the 85000 profit is before any wage payments to you?https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519220919#519220919so the 85000 profit is before any wage payments to you?Tue, 01 May 2012 11:51:13 -0500Basically I will get the 200,000 for absolutely nothing as I will only have to collect the money every three months or else keep working 14 hour days for the next 5 years for twice that. Money V A life I suppose.https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519220129#519220129Basically I will get the 200,000 for absolutely nothing as I will only have to collect the money every three months or else keep working 14 hour days for the next 5 years for twice that. Money V A life I suppose.Tue, 01 May 2012 11:23:56 -0500that caveat is massive.... Price seems ballpark ok without caveat.if t/o stays as is and you don't sell you'll make £510k...so why sell?you haven't really covered lots of things an advisor would want to know... Do you work on it now?, do you take ahttps://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519212231#519212231that caveat is massive.... Price seems ballpark ok without caveat.if t/o stays as is and you don't sell you'll make £510k...so why sell?you haven't really covered lots of things an advisor would want to know... Do you work on it now?, do you take aTue, 01 May 2012 07:27:59 -0500Been offered 200,000 over 6 years if turnover is kept roughly as is.Decision time.https://community.betfair.com/general_betting/go/thread/view/94082/29055001/business-valuation?post_id=519210717#519210717Been offered 200,000 over 6 years if turnover is kept roughly as is.Decision time.Tue, 01 May 2012 06:25:37 -0500