Friday, July 16, 2010

What is gross revenue and cash flow? How can you determine if a buisness is worth buying with those numbers?

I would also like to know how a buisness owner determines how much his or hers income is based on gross revenue, cash flow, etc.?

What is gross revenue and cash flow? How can you determine if a buisness is worth buying with those numbers?
If you are going to buy a business that is on-going, get their books - get a 5 years report of lthe business book. They should give it to you for your review so that you can decide whether it will be profitable. Ask their accountant - you have to ask who it is - or you can go to county where they operate to ask about the same question and from there, they will lead you to your answer.


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