Tag Archives: Business Worth

What’s Your Business Really Worth? (Probably Not What You Think)

If someone asked you right now what your business is worth, you’d probably answer fast, and with total confidence. That number’s likely made its way into conversations with your banker, onto a personal financial statement, maybe even into a retirement … Continue reading →

Posted in Building Value, Entrepreneurship, Exit Planning, Exit Strategies | Tagged , , , , , | 1 Comment

One Response to What’s Your Business Really Worth? (Probably Not What You Think)

  1. David J Sweeten says:

    Very true. Some banks like say Celtic Bank (John Park) will take the financial information(Tax Returns and financial statements) needed for a reasonably accurate value and what they will lend on the sale of the business. Accrual basis is most important as banks lend on cash flow and accrual based is the only real acceptable accounting method as opposed to the cash basis which is not GAAP and is how so many companies file their tax returns-Cash basis!

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