Mistakes

April 2, 2019

The Seven Deadly Sins Of Business Valuation

PRIDE You think your business is worth a lot of money because you have had it for 15 years. Unfortunately it doesn’t matter how long you’ve run your business. Its the value proposition that you’re offering to the buyer that matters. You could have a business that you ran for 20 years and it could be worth nothing or you could have just started up a business and it could be worth millions. Business owners think that because they put 20 years into their business they deserve to be rewarded. No one cares how long you’ve been in the business GREED You think your business is worth the amount of money you need to retire. The problem is that it […]