Business Valuation, Concepts, Retirement
The oversimplified formula is 3X owner’s annual “take.” If you’ve ever had a formal business valuation and then tried to sell your business, you realize the business valuation is really only an estimate and indication of what a buyer might pay if all assumptions line...
Business Valuation, Concepts, Exit Planning
Why are so many business owners delaying the sale of their businesses? No one knows for sure, but it probably has to do with the 44% Rule. What is the 44% Rule? The vast majority of small businesses sell for a multiple of annual earnings. More specifically, they sell...
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