So how much money is a company really worth? It can be complicated.
There are many issues that may need to be addressed. All businesses have strengths and weaknesses that will affect value.
Has the business owner taken steps over time to prepare the business for sale? Getting a business valuation from a professional is an important part of the process.
Read this article from Inc. Magazine on “Preparing Your Pre-Sale To-Do List.”
|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.|