After the widespread outsourcing of the 1990s, a new entrepreneurial class emerged in the American marketplace. There are currently more than 25 million small businesses, most of which are run by a single owner/operator. A small business is defined as having fewer than 500 employees, but competing with big box retailers online can be difficult….
You have built your business where you want it to be and you have decided to sell it and move on. You have poured so much of your time and attention into this business and you need to set a fair selling price to sell it for. Where do you come up with that price?…
Small business owners that need to ascertain the value of their business often find themselves sorting through a range of confusing concepts and methods. A confusing process becomes more frustrating without an understanding of the key terms, like business comps or capitalization rate, that are employed in the business valuation field. Here are six of…