I am thinking about selling my business. How do I value it?
The decision to sell your venture can be an extremely difficult one – most business owners have put a significant amount of time, resource and energy into their venture. Selling can be a lengthy process – and making this decision is long before you’ve found someone interested in buying.
Determining a realistic price should be your first step. Buyers are rarely sentimental, so it’s important to be pragmatic. Don’t’ start out expecting your business to sell for more, but never let your business go for less than it’s worth.