Just Elementary, Inc. » Archive
What is Your Business Worth? Different Factors Affecting Business Valuations
There are a lot of commonly used profit multipliers to determine the value of a business. You may have heard of 2 times the profit, or three times the profit, but do they apply to your business? The short answer is no, a Business Valuation is affected by non discrete factors, including the following. The reason for this is that there are too many variables in the phrase ‘2 times multiplier of the profit.’ Effect of Industry Type … Read entire article »
Filed under: Business Valuation
Rent Abatement, What is it and how to get it. Why would a landlord give it?
In simple terms getting free rent is rent abatement. Important to note that if you are able to secure rent abatement, it likely only applies to the base rent. This means that CAM/NNN charges would still be due. So when can you get rent abatement/reduction? When negotiating a brand new lease When adding significant Tenant Improvements Down economic markets How you negotiate the rent abatements depends on the situation In terms of new lease negotiations, this would be easiest time to … Read entire article »
Filed under: Commercial Leasing, Renegotiation
Discount Store for Sale in Pomona CA
Established Discount Store that mainly features Dollar Items for sale in Pomona. Store has been established over 15 years. The owner works full time at the store, and has two part time workers. Store is open 7 days. Located in a busy plaza with stores and services businesses that cater to the local demographic. Nearby is a coin laundry, WIC, Medical Clinics, Public Assistance, etc nearby in immediate walking distance. Owner has set the store up well with products that … Read entire article »
Filed under: Business Opportunity For Sale
Process of How to Buy Existing Resale Franchise Units
See below the video for a bullet point summary of the video Selecting the Right Franchise to Invest in: Does the franchise concept suit your skill set? Retail versus B2B (Business to Business) demand different skills and personality traits to successfully operate. Even different retail businesses require different skills and strengths, so make sure to choose a franchise that suits who you are. Do you meet the financial qualifications of the Franchisor? Most Franchises have clearly minimum Total Net Worth & … Read entire article »
Filed under: Franchises
Navigating Write Offs and Addbacks in the Process of Buying and Selling a Business
What impact on the bottom line profit and overall value of the business do write off have? One of the commonly cited perks of owning a business is the ability to write off expenses and reduce the tax bill. Write offs are fairly common for business owners, but they have an adverse affect on the bottom line profit of a business, which affects the overall Business Valuation for the business. How does this happen? Well, if a … Read entire article »
Filed under: Business Valuation
Getting Bidders to Bid Against Themselves Using Negotiation Leverage on Shark Tank
First into the Shark tank were David Jackson and Dave Petrillo, who are the creators of Coffee Joulies. David Jackson and Dave Petrillo, created Coffee Joulies to solve the age old problem of keeping hot beverages at the right temperature for long time. Coffee Joulies are stainless steel pebbles that reduce the temperature of a hot beverage to 140 degrees Fahrenheit and keep it there for hours. The secret to the Coffee Joulies are the chemicals inside of … Read entire article »
Filed under: Business Tips
Financing Capital Expenditures
A big part of the success and value of a business is in the cash flow management. Which is significantly impacted by Capital Expenditure, commonly referred to as CapEx. Many businesses require a Capital Expenditure Investment in Equipment or other machinery (FF&E) that needs refreshing on a regular schedule. So, the question comes down to how to manage these expenses. Financial Reserve Account One option is to set aside a Financial Reserve on a yearly basis. Doing this is … Read entire article »
Filed under: Business Tips, Business Valuation
Marketing Questions on Shark Tank
Getting a Shark Tank update segment are Keeley Tillotson & Erica Welsh from Oregon of Wild Squirrel Nut Butter. Keeley & Erica asked for $50,000 in exchange for 10% equity in Wild Squirrel Nut Butter when they appeared on Shark Tank, which translated to a Business Valuation of $500,000. Wild Squirrel Nut Butter is a company that manufactures special Almond and Peanut butters They started the company out of their college apartment. As they are … Read entire article »
Filed under: Business Tips
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