What Is My Business Worth?

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Posted by Lucas Farell | Posted in Perth News | Posted on 05-01-2016

Do you know how much your business actually worth? There are some businessmen do not know the value or worth of their business. There are some steps to follow if you want to know the value of your business. But before, we can talk about these steps, there are other things that we must discuss and do before we can get a complete and accurate answer.

PhotoWhy do you need to know the worth of your business? One of the most common reasons why business owners would like to know the value of their company is when they are planning to sell it. When you know how much your company actually worth, deciding on the price to offer to your buyer becomes a lot easier.

So now, how do we get the exact value of a business? The simplest way is to just get the net present value of all future “free cash flows” (cash inflow minus cash outflow). Of course, there are slightly more complicated formulas to find the value of a company. Fortunately you don’t really need to know in detail, since there are so many free calculators online.

For more about knowing the value or worth of your business, you may check out this blog post by Dave Bookbinder at Huffington Post: http://www.huffingtonpost.com/dave-bookbinder/what-is-my-business-worth_1_b_8877526.html?utm_hp_ref=business&ir=Business

Quarter-life crisis: What you should know about life and money by the time you’re 25

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Posted by Lucas Farell | Posted in Perth News | Posted on 21-07-2015

Are you currently at your mid twenties but do not feel worthy because you cannot find a job? Do you seem to be frustrated with life and have nagging insecurities about the future? Do you feel bored with social interactions because you think that everyone around you is doing better than you are? If you have such feelings, they could be symptoms of quarter-life crisis.

Are you having a quarter-life crisis?

 

quarter life crisisWhat exactly are quarter-life crises anyway? To begin with, quarter-life crisis is a relatively new phenomenon that usually affects educated urban youths who are in their mid 20’s and early 30’s. People who are suffering from this phenomenon usually do not know what career to take or not sure if the career they currently have is the right for them; the same problem for their relationships as well.

Of course, at this time of a person’s life, a lot is happening in terms of your career, your relationships, and your family and friends. Hence, people in such age bracket feel the anxiety about their future and it is pretty normal. However, coping up with this transitional period can be a bit challenging not to mention the fact that we are living in times where a lot more responsibility is put on young people’s shoulders and all that can be quite difficult to cope with.

But why are people experiencing this? Is there some easier ways to cope up with such transitional period in our life?

I’ve just read a great article published by Eric Santos at Perth Now and I was impressed by how Eric stated the 25 things to know by the time you are 25 years old.

You can check out the article here: http://www.perthnow.com.au/business/work/quarterlife-crisis-what-you-should-know-about-life-and-money-by-the-time-youre-25/story-fnkjjaii-1227117436757