Overview
DON'T WASTE THOUSANDS OF DOLLARS
ON A FORMAL BUSINESS VALUATION.
Most people have the skills to conduct a quick and easy market valuation all by themselves. The Do-It-Yourself Business Value Guidebook gives you step-by-step instructions and the necessary document templates to conduct a simple analysis to figure out what a small business is really worth.
LEARN THE ANSWERS TO THESE QUESTIONS AND MORE:
-Which valuation methods work best for small businesses?
-What’s the difference between tangible and intangible assets.
-How do I determine the real earning power of a small business?
-What documents do I need to prepare a value analysis?
-How do I recast financial records of a small business?
-What are multipliers and rules of thumb?
-How are small business transactions financed?
This guidebook was created for small business owners to have a resource to quickly and easily figure out what their business is worth in today's market. This book will not show you how to perform a valuation. You won't learn how to prepare a long and complex document that will be appropriate for court proceedings, tax purposes, CPA and lawyer review or any other fancy purposes. But it will tell you how to come up with a reasonable price and reasonable terms for your small business. You will learn how to put together a transaction model that would likely work if you opted to try to sell your business on the open market.
Remember, be smart. Talk to legal and accounting professionals before you make any decisions about selling your business.
What is your business worth?
Most experts will tell you that coming up with a realistic value for a small business is part science and part art. Don't let that intimidate you. It is true that there is no universal method of determining the value of a business. That doesn't mean there's no rhyme or reason to it. Using the methods in this guide will help you come up with a set of price and terms that will attract prospective buyers and help you sell your business. If you aren't looking to sell right now, you can certainly use these methods to keep an eye on what your business might be worth as you journey down the path of business ownership.
