Many business owners believe the value of their business is net profit, or gross sales, multiplied by an industry rule of thumb. That is simply not the case.
Determining the true value of a business enterprise requires a careful analysis of two primary components that make up value: tangible assets such as real estate, machinery, and furniture used by the business; and various intangible assets such as business or personal goodwill.
To properly value your business enterprise, Keith Blankenship, our Certified Valuation Analyst®, will acquire a thorough understanding of every aspect of your company's dynamics, including:
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