- Funding Connection Newsletter
- Posts
- 📢 You want to buy an existing business and need a valuation? 📢
📢 You want to buy an existing business and need a valuation? 📢
and find out if it is fundable!
Dear Successful Entrepreneur!
Are you thinking about buying a business that's already up and running? It's often a smart move since you could start making money immediately. But the tricky part is figuring out how much the business is worth. And of course, there's the big question: can you get the funding you need?
Dagmar has been busy with a bunch of valuations lately, and guess what? Some businesses were asking for way more than they were worth. But thanks to our valuations, we helped our client to negotiate a better price.
Here are the important things we can do together:
Check if the business makes money: Ask the current owner for their recent financial statements to see if the business is doing well.
Have a look at the asset list and the age of the assets.
Check contracts and orders: Make sure you can take over deals and relationships the current owner has. This will keep money coming in and make the transition smoother.
To get funding for buying the business, you'll need a bankable business plan and financial forecast. Our team, led by Dagmar Breiling, can help you with:
Make a detailed plan for your business.
Predicting the profitability your business can make.
Talking to the current owner to get the right information.
If you're ready to start your business journey and need funding for it, just reply to this email, and Anne will help you out.
We look forward to helping you turn your entrepreneurial dreams into a successful reality.
To Your Success
Your Funding Connection Team
Landline: +27 (0)31 761 8677 or Cellphone +27 (0)64 550 7052 |
Headquarters: 2 Old Main Road, Hillcrest Office Park, Hillcrest, KZN 3610 |
Satellite Offices: Johannesburg, Benoni, Soweto, Empangeni, Cape Town, Somerset West, Port Elizabeth and more to come |