If you’re looking for investors or want to sell your business, you must determine its value. Follow these four steps to calculate it.
How do you estimate your business’s economic worth? Whether you’ve been operating for 20 years or are just starting a business, you’ll encounter a reason to place a cash value on your company at some point. However, business valuation can seem challenging and complicated if you aren’t a financial expert or don’t have an experienced finance team.
We’ll explore why you’d need to value your business and share how to perform a straightforward, four-step business valuation method.