9 books in 1 - Entrepreneurship, E-Commerce, Home-Based Businesses, Small Business, Online Trading, Internet Marketing, Busines

To conclude, business valuation if done correctly can work in your favor. That is also true for the intended buyer. Business valuation can be done in house or through the help of certified public accountants and business valuators. It is also very important to discuss matters about selling your business with people around you (business partners, work mates and family members) to help you cement the idea. Once a business changes hands, it is permanent until the current owner decides to sell again. Placing a value on your business and eventually selling it off is the culmination of all the years, tears and hard work of building the business and running its day to day operations. Some business owners are anxious about separating themselves from their own business. In the end, through proper business valuation, you will be able to see your business as it is. It is just an income generating machine that you built and developed. Remember that although this book provides you with the basic knowledge on how to place a value on your business’ worth, the need for professional business valuators and certified public accountants is still necessary. The practical knowledge that they possess concerning this aspect of the business is one gained through constantly perfecting their craft. This book aims to open your eyes to what goes behind the scenes during these transactions and help you understand the business valuation process. The simple action steps provided in each chapter and subchapters are there for you to perform on your own business. Finally, it is imperative that you are keen on the details of your own business and are meticulous about keeping records. These records will help you find the true value of your business!