Has the value of your business reached its peak?
Business owners ask us these questions every day:
Should I sell my business now while they are selling so quickly and for a premium?
How can I increase the value of my business so it’s worth a lot more?
Do I know what my business might be worth in today’s “Seller’s Market”?
This is important information to have now, because there has never been a better time to sell a business. We are seeing dramatic increases in what businesses are being valued at; in how many buyers are in the market looking for an opportunity; and the numbers of businesses that are being valued at a premium price.
Another reason to consider selling – a proposed capital gains increase could take an additional $150,000-$200,000 out of your pocket for every post-sale million dollars in value!
Elevating your business value is all about understanding a few simple things about your Customers and Competition and your Capacity and your Competence. These are all good things to take a look at and consider. Taking steps now to improve your standing in each category will make your business worth more whether you are thinking about selling or not.
There has never been a better time to sell a business!