People with the job titles "investment banker" and "business broker" seem to serve the same function. Both help business owners sell their business. Both also represent buyers looking for companies to buy. What are the differences? How is compensation different between investment bankers and business brokers? Is this just a terminology difference?

business-valuation acquisition investment-banking

asked by guy79

I hired a business broker to help me sell my small equipment manufacturing business, but looking for some independent verification on business valuation.

business-valuation acquisition

asked by Shad19

Working on valuing a business with big variations in working capital during the year, so how do I deal with the possibility that the transaction closes at a time when working capital is very low? It seems that using the discounted cash flow method for valuation is essentially assuming an average working capital figure at the time of the transaction (which in this case is highly unlikely).

business-valuation working-capital

asked by caseyb1

We are looking at a lot of investment and acquisition opportunities, including a mix of established and new businesses. Many of them have revenue "hockey sticks" in the projected years. I mean that they assume fast growth in sales once they finish project XYZ. Their financial projections show incredible growth. Of course, we are skeptical but our team cannot agree on how to best forecast growth. I'd like to know if there are norms or quantitive data about growth rates out there that we could use in our models to come up with a better valuation.

financial-model business-valuation finance

asked by rachel83