Andy Egwim asks whether you'd sell a business generating £1 million for £1 million. The answer is no: ongoing cash flow makes that price a bad deal, since you're giving up future earnings for a one-time payout.
But someone comes and says, I want to buy this business off here. And Mary Jane, will you agree to sell that business for £1 million? Okay, does someone want to make it go? If you have a business generating £1 million, but you will agree to sell it for £1 million? Yes. Siraj.
No.
No.
Okay, obviously.
This one seems obvious, right?
Yeah, it's obvious, obviously, because that's. The business is able to generate that much cash flow without the value of the business itself, the valuation of the business itself. So I wouldn't sell it. Definitely not.
Absolutely. Obviously. From the words they're using, cash flow, you understand where I'm going.
