How much to ask for my business?

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jb
Posts: 19
Joined: Mon Dec 19, 2005 9:22 pm

How much to ask for my business?

Postby jb » Sun Jan 31, 2016 9:06 pm

Hi
I am thinking of selling up.
If a farriers round earns 35k before tax how much would it be worth to a newly qualified Farrier?
There are no "Yards" all the business is made up of individual horse owners, (if you upset some-one, its only 1 customer/ horse or 2, not 20 horses 1 owner)
Whats your thoughts?

Italian stallion
Posts: 380
Joined: Mon Nov 07, 2005 8:40 pm

Re: How much to ask for my business?

Postby Italian stallion » Tue Feb 02, 2016 6:38 pm

Hi jb,
I see were your coming from, however your problem is you aren't selling a business, your actually selling the good will of your business and that can be worth nothing. If you have someone in mind sound them out and introduce them to some of your customers before doing any deals, at the end of the day your customers my have another farrier in mind if you call it a day.
Regards,
E.W.

jb
Posts: 19
Joined: Mon Dec 19, 2005 9:22 pm

Re: How much to ask for my business?

Postby jb » Tue Feb 02, 2016 9:21 pm

Hi
Thats good advice, thanks.
:grin:


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