Mike Rapoport are here to help you!
We will try to explain to you basic concept of business valuation:
1.Multiple of Discretionary Earnings Method:This type of free business valuation is based on expenses the owner has control over such as his/her salary, benefits, and other discretionary items. These are added to the profits to arrive at a cash flow total. This discretionary cash flow is available to the prospective buyer to service acquisition debt and to pay himself/herself a salary.
2. Excess Earnings Method:This type of business asset appraisal is used to assess a company's tangible and intangible assets. Its main purpose is to place a value on a business's goodwill by blending the asset-based and income approach methods.
In addition we are working with number of accounts, attorneys and financial planners who we can recommend for you to make a correct decision.
Mike Rapoport enjoy working with people and always ready to spend as much time each client need to purchase the business.
|