I had the opportunity to seek advice for business valuation in Singapore. This is because I want to improve my business. For expansion, I have to borrow funds from a financial institution. I feel fortunate that my small business has grown in the past few years. Initially, I borrowed capital from the bank to begin it. A six-figure amount was instrumental in providing consumers with my food and beverage. I wanted to make it successful despite the odds.
From the advice of a business valuation advisory, I did strategic planning for the growth of my business. Forms of marketing to be used were mentioned. The location of my establishment has busy foot traffic. I am jubilant that the sales during my first month were lucrative. Before I began the business, I did not expect that success may be experienced in a short duration. Sharing my blessings from the business to family, relatives, and friends is wonderful!
Certainly, buying the small business involved a lot of risks. Choosing the location was very challenging. The location choices were not approved at first. I had to think of other places that seemed profitable. Besides these, talking to the building owner was very hard. Getting an appointment took a while as there were many other people who were interested in leasing spaces. I realized that starting a small business was going to take a lot of effort and patience.
Finally, the day came when a commercial space was approved. I visited it with my partners personally. It seemed a blessing to discover this space. Situated on the ground floor of a small commercial building, it was near the entrance. I like that the foot traffic was busy on this part. The lease agreement was good for three years. This was a long duration as I am new to the business space rental. In buying the space, I believed that prosperity attracts it.
When my lease agreement was near expiry, I sought business valuation advisory in Singapore for my small business. After all, this is done after a few years. I discovered the value of my equipment. They were used to produce the food and beverage. Being happy with the outcome of this valuation, I gave a treat to my family. Showering them with my blessings from the business is rewarding! I believe that they are also happy for its success.
Through my successful business, my real estate valuation for my residence went up. From the profit I have reaped in a few years, I was able to improve it. Maintaining it with a pleasant garden and a sturdy roof generated more interest. When the property appraiser went to my residence, the clutter was cleared. From the floor tiles to the fixtures, everything was in place. I was elated that the appraiser gave compliments to the appearance of my residence.
Showing the property appraiser around my residence was a rare opportunity. Hopefully, in a few more years, I may upgrade it.
