QUOTE(gamestotal @ Nov 24 2016, 12:06 AM)
Why its here? Cause the business = online business/website
Questions:
1. How do you sell a business in Malaysia, other than posting in Mudah
2. How do you calculate a fair price. I am taking a wild guess of 3-4x net earnings of latest year, is that ok?
If it's a Sdn Bhd then it's a transfer of shares. It's way simpler
For Sole Proprietor it more like the person register its own Business or uses its Company if he has one established.
Then its transferring the outstanding debts and outstanding orders to the new entity.
This way however calls for three way agreement for each of the debtor and client to agree to the transfer.
Valuation should be performed by an external auditor. You can request a figure but usually buyer would do some due diligence depending on the value. If its significant the third party like auditor would come in.
Basis of selling price depends on you. There is no big rule.
If you own an intellectual property that's worth millions then you can value based on that. You can look at cash flow, earnings.. Etc