AZ Biz MartThe actual number of businesses is difficult to determine because new businesses are starting up every day, and others are closing their doors. Some people own more than one small business, and some small businesses have more than one location.
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STATISTICS – AVERAGES
STATISTICS-AVERAGES Many people have a problem in interpreting statistics. This short article may hopefully help rather than hopelessly confuse you.
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RULES OF THUMB – DENTAL PRACTICES
A common method of valuing Professional Practices is to use a Rule of Thumb based on a multiple of revenue.
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The Time Value of Money
THE TIME VALUE OF MONEY Every child understands the time value of money. Just ask a 6 year old if they would rather have an ice cream cone now, or tomorrow. The answer is obvious. Ask them whether they would like one ice cream cone now or two ice cream cones next year. Again the [...]
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DON’T BUY THE REAL ESTATE
DON’T BUY THE REAL ESTATE Sometimes a small business owner also owns the real estate building from which it operates. A big mistake is trying to sell them both together to the same buyer.
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NOT ALL BUSINESSES ARE SALE-ABLE
Millions of businesses are offered for sale every year. Some of these should never have been started, and others have outlived their usefulness.
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