If you want to buy a company, you need capital. A lack of start-up capital is still one of the main reasons for failure. It is all the more important to know about alternative financing options. You are currently looking to buy a great company and are faced with the challenge of having found a smart idea, but not having the capital or a large network to implement the purchase. We’ll show you 3 ways how you can get money and finance your company safely. 1. Buy a company with little equity In the first case, we assume that you have saved at least a little something. A rule of thumb says: if you want to buy a company, you should include 15 to 20 percent of the purchase price Equity finance. The rest can be done through so-called Subsidiary chapter cover. If external investors support you without asking for…
Many startups and companies are being sold head over heels. The previous boss is in need of money, is no longer interested or just wants to reorientate himself. Now is your hour! You buy the company quickly and get started right away. Or not? Even if time is of the essence, you should stay cool as a successor. In this text we show how you can buy a GbR and what you have to consider. What actually is a GbR? Society under civil law belongs to the group of partnerships and is used in everyday language with GbR abbreviated. In contrast to a GmbH, a GbR can be founded without complex formality by several people who pursue a common goal and want to fulfill a specific purpose with the company (source: Start-up scene ). The advantages of a GbR include the following: is hardly subject to formation formalities, no restriction…
You are thinking about selling your company and now you ask yourself: How much is my company worth and who should buy it? The second question is answered by our Articles on corporate succession . We want to answer the first question for you in this article. Six complicated procedures in the Articles on calculating company value we have already explained all 6 processes and presented you with an assessment and possible uses for each process. All 6 procedures should answer the question: How much is my company worth? Here again in a list all the procedures for you as a list: Net asset value method Liquidation value method Earned value method DCF method (discounted cash flow) Stuttgart process Practitioner procedure. So there are basically 6 ways in which you can assess the value of a company. But our experience says that everything is usually decided in negotiations. So, in…
The time has come. The company is to be sold and the company’s successor may be ready or should be sought. Now there is one more thing to do: calculate the company’s value. In this article we want to give you some tips. Six methods – calculate company value In practice there is no such thing as an objective company value. While founders who want to sell their company see not only the material assets but also the work they have invested in the company in the past, the buyer thinks about what he can achieve with the company in the future and how he can finance the purchase price. A total of 6 procedures for applying for companies can be found in practice. Net asset value method Liquidation value method Earned value method DCF method (discounted cash flow) Stuttgart process Practitioner procedure. The procedures at a glance The Net…
Self-employed through company acquisition: Whether you are implementing your own business idea or want to buy a company: You are a start-up! However, it is not necessarily easier to take over a company than to start one yourself. When starting a new company, in contrast to a company takeover, you have the reins in your own hands right from the start. You can decide everything yourself with the first steps. In the case of company succession, i.e. the continuation of an existing company, on the other hand, you are handed over the customer and supplier relationships, the workforce, the market position and the reputation. In addition, when you take over in an established company, you first have to prove yourself and gain the trust of customers, suppliers and employees. But the real sticking point is the financing, because you want to buy a company without equity. The crux of the…
A study by the Bonn Institute for SME Research (IFM) has shown that a good quarter of the self-employed in SMEs are older than 55 years. Every year around 71,000 companies look for a successor for the company, but the rate of those who find one is shockingly low. Are you one of them or are you currently looking for a company that you can take over? Many speak Reasons to buy or Selling an established company ! However, finding a company succession is not an easy task! Company succession is also the creation of an exit Corporate succession is becoming fashionable. The Institut für Mittelstandsforschung (IfM) Bonn estimates for the period from 2014 to 2018 that corporate succession will be relevant for around 135,000 family businesses (around 4% of all family businesses). This results in a number of 27,000 company successions per year. In the period between 2010 and…
Many are almost exclusively concerned with starting a new company. Few are interested in taking over an existing company, but this has many advantages. We already have this in explained in another article . Also help for one To find corporate succession can be found in our blog. Now we would like to explain to you what it actually means to take over a company. You can’t buy trust With company succession, i.e. with the continuation of an existing company, you already get a workforce as well as market position, explicit knowledge and supplier and customer relationships. When you take over a company in an established company, you first have to prove your skills and gain the trust of customers, suppliers and employees. You can’t just buy this trust; you have to fight hard for it. However, there is a certain basic trust and you don’t have to start from…