top of page

Selling a Business

Writer's picture: Dalton MorrisonDalton Morrison

Updated: Oct 1, 2024

When selling a business, an ideal amount of money per year should be around 400,000 or above so that you get a good price for a business that people want to buy.

Usually, a business will be sold for triple the amount of money you make per year, including extra charges for property, infrastructure, and equipment. You can make a fortune selling your small company to big companies, but you have to build up your business before you do so.

If I start a business, I will want to sell it for at least 6 million dollars, which means my business will have to make around 2 million per year. This may take a lot of time, but it will definitely be worth it for 6 mill. With this amount of money, I can buy a house, a large piece of property, a new truck, camper, and boat, and still retire comfortably with 2 million in the bank. Saving can sometimes be hard, but with your eyes on the prize you will find things easier.

You must be careful when selling a business, carefully taking note of your financial situation, whether or not the company value will change, and whether or not any other companies will buy your business for more money than originally offered. As a conclusion to this essay, selling a business can be very profitable if you are careful and competent.

24 views6 comments

Recent Posts

See All

Revolutionary Thinking V.S. Secure Thinking

Hey everyone, this is Dalton, with another entrepreneurship and business post. This week's post will be about the advantages and...

6 Comments


Dalton Morrison
Dalton Morrison
Sep 17, 2024

(Required for my assignment)

Is boosting your popularity always a good idea? True, it gives you more customers, but it also gives you more unsatisfied people who will publically dislike your products. Should you always boost  your popularity?

Like
Guest
Nov 18, 2024
Replying to

Boost your popularity to the point you can still handle the costumers and have a steady income but it's important to know your limits.

Lincoln Chronister

Edited
Like

emilybeckner11
Sep 16, 2024

I like the way you worded this. I think that you could emprove your pictures. I liked this posted because it was helpful. Its Emily i have to do this for a assignment i liked the whole thing.

Like

Guest
Sep 16, 2024

good job with the business man that's very impressive I'm very impressed by your business skills and by the math that you can do with your business and your skills

Like
bottom of page