There are a large number of tangible and intangible items which contribute to a market evaluation — and owning the business for a number of years or working very hard over those years are not the most important.
In order to plan for growing the business, obtain a loan or sell the business, it is critical to get a range of market values performed by a professional such as a business broker or a mergers and acquisitions advisor as soon as possible.
|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.|