Add Value To Your Business Archives

Three Questions That Tell You How Easily You Could Sell Your Small Business

There are many reasons small business owners seek an exit from their businesses. Retirement, health concerns, simply seeking something new or other circumstances are just a few of the most common reasons. The ideal exit is to sell the business and pocket the cash. As a small business owner, you may be considering an exit and wonder if selling your business is a good option. If you have a strong emotional attachment to your company, it may be hard to look at the decision objectively.

How To Value A Small Business

Finance, Planning

Every business owner wants to know “how much is my business worth?” Let’s be honest, you built your business and it is probably a big part of your financial net worth and maybe selling it is key to your retirement planning.

5 Things You Can Do When Your Business Value Is Not What You Expected

Alternatives to Selling, Planning

Getting a valuation for your business that is lower than what you expected can come as an unwelcome surprise. It can be frustrating if you expected something higher as part of your retirement planning.

Definitions Page

Definitions

Exiting a small business will likely include preparing financial statements for potential buyers as well as obtaining a business or net asset valuation (ExitGuide Pro includes a valuation). If you need a refresher on some of the terminologies or you do not “speak finance” ExitGuide has summarized many key terms below in what we hope is a clear and practical explanation.