Liquor Licensing - Liquor Business

  www.liquorlicensing.co.za Valuation of a business Introduction A Sales Value is the Value that a willing and able buyer is prepared to pay for a business, with a given Net profit at a given time, considering micro and makro factors which have an influence on that business at that given time.     At the end of the day it is market forces that have the last say and the sales value of a business is determined by the Net profit with micro and macro factors adjusting the final calculation.   Ask twenty “experts “to calculate the sales value of a small business and you will receive twenty answers. The value of a business is often nothing more than a perception. The buyer, the seller, the accountant, and the short-term insurer all have their own values. It is interesting to see the difference in the Value of a Business between the calculations of the accountant of the seller and the accountant of the buyer.         Mi...

  www.liquorlicensing.co.za How do I start a Liquor Business? Introduction. Before you jump in and start spending money on your new venture, stop and read these few pointers that may save you money and loads of frustration. The question is often asked: Where do I start? You start with your premises. You need a premises before you can even apply for a Liquor License. Do not start spending money on renovating the existing building or start building a new building or sign a lease contract on the building before you have cleared the following: Visit your local Municipality’s Town Planning or Land Use department and confirm with them that the premises or stand that you want to use is suitable for the specific Liquor License (i.e., tavern, liquor store, restaurant, pub etc.). Some stands have a Land Use Right for residential, commercial, industrial, and other. Remember that a stand zoned for business may not be suitable for entertainment /amus...