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Do you have a restaurant for sale or are you interested in buying one? Restaurants can be excellent investments and can generate a healthy cash flow if done correctly. If you are looking to purchase a restaurant it is incredibly important that you conduct your due diligence beforehand to ensure that when the restaurant passes into your hands there are …
Understanding the fundamental on how to value a restaurant will assist you in making the right decisions regardless if you are looking at buying a restaurant, trying to sell a restaurant or looking at starting your own restaurant. There will be a few differences on depending on your objective and I will highlight them below as we progress. But first …
Building up your financial model for your business can be a frustrating process, particularly if you don’t have a lot of experience with using excel. The good news is that a lot of the actually calculations are very simple; plus, subtract, divide and multiply. Setting up your financial model correctly from the start can avoid a lot of headaches down …
Are you selling your company? Want to know how much you should sell it for? Don’t rely on valuation multiples to value your company. Would you pay $20,000 for a car just because an acquaintance (not even a friend!) purchased a car for that same price? It could be or could not be a totally different brand, year produced, and …
So you have and amazing idea or ideas that you would like to make a reality. That’s great! You have taken the first important step to financial independence! Now it´s time for the slightly more consuming part, doing the numbers for your business and developing your business plan. It may be useful to actually define what I mean in this …