We are halfway through our top five myths that business owners have when they think about
selling their businesses. In this episode, we want to talk about valuing your business.

Some owners will base the company value on what they need for retirement. Others will tell
you they want $100,000/year for “sweat equity.” Still, others utilize industry multiples.

A third-party valuation is a good idea for anyone seriously considering the sale of their business.
An outside valuation will include a thorough analysis of the business and the market it operates
in. This will provide a solid understanding of the company’s growth potential, not some vague
industry average. We can help you with this process, accessing the information on comparable
businesses and a detailed understanding of your business and its financials. Need help selling
your business or knowing its value?

Need more information? Call us at 204-478-7266, ext. 110. or click
https://www.bealbusinessbrokers.ca/selling-your-business/ to download our free e-book on
selling a business.