How much is my business worth?
Asking someone how much a business is worth is a question with no one exact answer. It’s worth what you can sell it for. It’s worth what the market will bear. It’s worth what we agree it’s worth and how many different buyers we can attract.
There are rules of thumb, of course, and ratios and proven techniques for valuing a business. But every situation is different and requires its own specific, in-depth analysis.
For example, Company A had earnings of $500,000 last year and has an asking price of $1,000,000. Company B had earnings of $500,000 last year, but has an asking price of $2,100,000.
Which is a better value?
In this example, the answer is Company B. It’s the better buy because it has patents valued at $1,100,000 and excess equipment valued at $400,000. But you wouldn’t know that unless you did a comprehensive analysis of the business.
We always search for hidden assets. We look at revenues, cash flow, future opportunities, growth trends, intellectual property, equipment owned, value of similar businesses, and a variety of other criteria. This is often the difference between selling your business and selling your business for the best possible price and terms.
You’ve worked hard to build your business. We’ll help you sell it for more.
It’s easy to sell your business. Just underprice it and leave money on the table. But you’ve worked hard building your business and now it’s time to sell it for what it’s really worth. I can help you get the best price and terms for your business. Getting my clients the best possible deal is my business and my passion