How Much Is My Business Worth
How do you answer the question: How much is my business worth? Simply put, your business is worth what someone is willing to pay for it. Predicting that value is a little more complicated, and the best tool to use will depend on why you want to know. There is a quick Value Builder assessment and a more complex Opinion of Value. The most common reasons owners seek to know their business value are:
- Looking to Sell Within Next Year
- Seeking to Increase the Value of Your Business
- Just Curious on How Businesses Are Valued
If you’re looking to sell your business within the next year you’ll want a confidential and accurate business evaluation that reveals what the market will pay for your business, as it is, today. Our business brokers work closely with business owners to value their business through an Opinion of Value. An Opinion of Value, allows you to dig into the expenses and profits of your business with the expert help of a business broker and to structure the best price for your business. This allows you to discover what we call “add-backs” or expenses that a buyer could count toward profit. We offer a complimentary Opinion of Value to any business within our target market and for a reasonable fee to those outside our target market. Contact us to learn more or receive an Opinion of Value for your business.
You’ll also want to understand what buyers look for and how to ensure that your business is presented to buyer’s in the most attractive manner. For those business owners that decide to list their business with BBG’s business brokerage we offer “Value Realized Coaching for Sellers” to ensure that you understand the buyers point of view, and prepare yourself and your business to successfully move through the selling process and realize maximum value from your business.
Understanding the current value of your business is a great baseline for ensuring that your business will provide a return on your investment, when you are ready to sell. It might be 5, 10 or even 20 years away, but as a business owner you should know how to influence the value of your business. Some of the factors that maximize value might surprise you. You can receive an Opinion of Value (complimentary if you’re in our target market) or we also offer the Value Builder System. The Value Builder Score takes 15 minutes to complete and is complimentary. You can learn more about the Value Builder Score here. The Score itself does not provide a dollar amount for your business, but will calculate a “sellability” score and provide valuable information on how to increase the value of your business. By electing to review your Value Builder full report with one of our Certified Value Builder advisors, you can learn a preliminary range of values for your business and a complete breakdown of the issues that resulted in your total score. Click here to get your score in just 15 minutes.
You’ve come to the right place. We’re passionate that every small business owner knows the value of their business as it is today AND understand what drives that value. If you’re simply looking at understanding “how” businesses are valued click here. Once you’re ready to find your evaluation let us know and we’ll assist you in knowing the current value of your business and understanding how to increase the value of your business.
Selling Your Business
We use many methods to attract individuals looking to buy a business to our business for sale page including our Buy Iowa Business Twitter and Buy Iowa Business LinkedIn group. Our business brokers post tips, share articles, and spotlight a business for sale each week.
Want to know how sellable your business is, but not ready to list your business in the immediate future?
It’s never too early to understand what drives your ability to sell your business for maximum value. Using the Value Builder System, John Warrilow described in Built to Sell, you can get your complimentary Value Builder Score today. If you want to improve the score, our Value Realized Coaching, will assist you in building on the 8 Key drivers that influence the sellability of your business.