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Having a business is not for everyone, that's why some make the final decision to sell it as soon as possible. If this is your case, do not let frustration lead you to make mistakes by calculating the price you are going to ask your potential investors.
First Time gives you some tips to help you make a good decision, based on factors such as location, customer loyalty and brand, among others.
"Most people think the best time to sell their business is when they need money for something else, but in reality The best time to sell is when it is growing and it is profitable because he will be able to get a greater profit from the sale, "says Manuel Riaño, director of trading your business.business, are the main expectations of homeowners, especially when it comes to small companies.
"They sell between 1.4 and 2.1 times, monthly sales, that is, if the sales correspond to 10 million pesos Each month, the company sells between 18 and 22 million pesos, "estimates Riaño.
It is estimated that about 17,000 small businesses, such as hairdressers, shops, are bought or sold, at least formally. district or blends, but only one one-third of owners get the asking price initially [19659006] Why inform yourself with Channel 1?
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