You've worked really hard at building a business, but you want to make sure your business is worth the effort.

How much is worth?

This all depends.  If you have a small business, it's not like a publically traded company with a published stock price.

Some of the factors include:

Have you done any succession planning? 
ex.  If you get hit by a bus, would it effect your business?

What are your Net Revenues?
ex.  Sorry about that, but it's true. Profitable companies sell for more.

What are the Market Forces like in your neighborhood?
ex.  Blockbuster, anyone?

Has your company implemented up to date technology? 
ex.  The delivery trucks are all 25 years old, this would be a cost for the new owner.

Has any retail space been maintained properly?
ex.  The tired exterior doesn't convey a quality restaurant/bistro experience.

And most importantly, how much are people willing to pay for your business.

Note:  This is a general list and is not comprehensive.




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 Any U.S. tax advice included in this written or electronic communication was not intended or written to be used, and it cannot be used by the taxpayer, for the purpose of avoiding any penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions.