WHAT IS THE MARKET VALUE OF MY BUSINESS?
Are you asking yourself what is the market value of my business? Are you looking to grow or sell your business? If so, it’s important to be armed with the knowledge of how much your business is worth.
How can you determine what the market value of your business is? There are several factors taken into consideration when completing a business valuation including:
Financial Performance – the history of sales and net income, in tandem with the quality of record keeping and financial reporting
Growth Potential – what are the future prospects for growth
Balance Sheet – working capital, quality of fixed assets, short and long term liabilities
Differentiation – how unique is the company in its industry
Industry Comparatives – at what earnings multiples have similar companies in recently sold in the industry
Concentration – customer, vendor, employee
Owners Involvement – can the business survive for three months without?
Recurring Revenue/Customer Satisfaction –
There are many ways to find how much your company is worth. At GW Business Valuations in Jacksonville, our mission is to educate business owners on the value drivers of their business. It’s a good idea to learn about the value of your business and the best person to help you with that is a business valuation expert.