Category Small business appraisal

Three Basic Terms You Should Know About the Business Valuation Process

Small business appraisal

When it comes to your small business, you very likely take the running of it very seriously, maybe even personally. Many would like to think they can keep their emotions out of the picture, but something like a small business, where you put in so much blood, sweat and tears can very easily get tangled up in your emotions. To say you wouldn’t take things personally is a difficult thing to do. After all, what is a small business if not personal?

Business valuation is an economic exercise that all business owners must go through when a business is being sold or appraised for a loan against it. If you bought your small business, then the previous owner went through the process in order to figure out the price she would plan to ask for it. Perhaps you negotiated from there, but the business val

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