Many business owners try to determine the price of their business based on how hard they have worked over the years. But the market will tell them that the business value is really what it is worth to a new owner in the future.
As a result, there are many factors to examine – equipment, employees, market position, technology – the list goes on and on.
Business owners should get a business valuation performed by a professional to get a real sense of market value.
|Michael Marks, creator of Toons ‘n Tips, is a Certified Business Intermediary (CBI) and has over thirty-six years of business experience and ownership. He is a licensed real estate broker in the state of Colorado and has been selling businesses for over eighteen years. Michael has taken up cartooning as a hobby in recent years and has found that by using those skills, along with his extensive business experience, he has been able to create the Toons ‘n Tips drip marketing service for clients all over the country. Find out more about Michael at www.toonsntips.com.|