Is it worth buying a manufacturing business?

Is it worth buying a manufacturing business?

Manufacturing businesses can be extremely profitable, but with these high profits come higher overheads and potential risk factors. Many entrepreneurs find themselves pondering this very question, wondering if such a significant investment is truly worthwhile. Well, allow us to shed some light on the matter and help you make an informed decision when you ask yourself, is it worth buying a manufacturing business?

How can Goodwill Increase Business Value

How can Goodwill Increase Business Value?

Goodwill is an important component of a business. Not only does it contribute to the sale price of the business, but it also contributes to a business’ success. You may be wondering “how can goodwill increase business value?” Because goodwill is a combination of intangible assets that come together to strengthen the business and increase profitability. 

How to scale your small business

How to scale your small business

There comes a time in every small business owner’s mind, when the need to grow becomes the highest priority. Whether it’s due to business goals or the necessity to meet growing consumer demand, scaling your business is an important step to growing your start-up into an SME (small to medium enterprise). So let’s talk about how to scale your small business. 

selecting the right profit measure

Selecting the right profit measure

An important step when selling your business is selecting the right profit measure. But how do you know which one is appropriate for your business? You may have heard the acronyms NPBT, NPAT, EBIT and EBITDA floating around, but do you know what they mean? Let’s break down the most common profit measures and when…

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