Click here for a link to the full article by Brendan P. Keegan published on September 14, 2022 in Entrepreneur
When business owners think of selling their business they focus on the “how much” is it worth, but don’t give much thought to the “how.” By reviewing and planning the “how much” a business owner can create a strategy or the “how.”
In order to figure out where you’re going, you must first know where you are. Work with a professional to understand your current market valuation. They will review your business financials, corporate structure, industry trends and other factors contributing to the current business valuation.
If you want a higher valuation for your business, actively work on your growth target, through avenues such as social media marketing and reducing expenses that don’t add value to the bottom line. A focus on increasing your business value, will not only do just that, will also increase the efficiency of your business overall.
Contact me to discuss your business goals and exit strategy.
Niv Buzzetta, CBI