Are You Getting Ready to Sell a Business That Has Been in Your Family for Years?

Written by Finance Video. Posted in Calculate business valuation, Small business valuation multiples by industry

What is my business worth

Entrepreneurs typically dream pretty big dreams. They may imagine starting a new mobile cell phone repair business that can serve their customers at home or at work. They may dream of offering a well made line of clothing items that carry to women of a variety of sizes. They may even dream of starting a business that helps other entrepreneurs start their own businesses. At the very beginning, however, many big dreamers need to have a really good understanding of the value of the business that they want to start or the business that they want to purchase.
And while one group of business people are trying to figure out how much they should invest or spend on a new business, another group is hoping to determine how much they should charge for an established business that they want to sell. For thes