How much is my business worth?
The trite answer is, of course, whatever someone will pay for it. However, the business will be worth different amounts to different purchasers and the question should be re-phrased "What is the maximum value that I can achieve for my business".
The Hyde team are business valuation experts with a track record of getting our clients top value for their business. Our success for our clients has ranged from helping one vendor achieve a sale price 560% higher than he was led to expect from his accountant of many years standing, to selling a company at £7million only three years after it was bought for £1!
You will only achieve the maximum value if imagination and lateral thinking are applied to the sale, approaching a wide range of potential purchasers. Once you have identified a number of key purchasers then modern techniques need to be applied to achieve the best price.
Traditional valuation methods frequently offered by accountants (i.e. asset base and multiple of profits) are great methods in theory but won't achieve the best value for your business. You should never sell a business based on historic profits as a purchaser will only be interested in the future. Among the key areas which will help you to unlock the best value, the most important is to concentrate on what your company will look like under several years of new ownership.
Hyde Company Sales work with clients to identify the true value of their customer base to the buyer, identify cost savings and synergies, understand the benefit of fresh investment of both time and energy from the buyer (the true value of your company to the buyer) and demonstrate why, when you apply our 5 Keys to Success, you will be able to achieve the best possible price.
You can learn more about how to value your business, with practical examples, in our detailed free business sales guide.
If you would like to arrange a free, no obligation meeting to get a clear idea of how you could achieve maximum value for your business, call Malcolm Coomber on 020 7292 7800.














