Resources

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How To Value A Small Business

How To Value A Small Business

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.

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Why I Started ExitGuide

Why I Started ExitGuide

In the spring of 2020, I heard a story on the radio about baby boomers that want to retire yet are struggling with exiting their small businesses. As an entrepreneur, this struck me as odd – how can this be an issue? A few hours later I was searching online for more information and was shocked at the magnitude of the issue. 

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Comparables

Comparables

Ideally, as an owner, you want to ensure your business is not undervalued when the time comes to exit the business while a buyer doesn’t want to pay an inflated price. To achieve this, comparables are an excellent way to estimate the fair market value of your business.

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Due Diligence

Due Diligence

Due diligence is the process where the buyer has an unveiled look at the business you’re selling to investigate it from the inside so that they can make an objective decision about your business, and make a buying decision or not.

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