Alternatives to Retiring for Good
There could be any number of reasons for you to want to leave your business. Whatever the reason, it’s never too early to start planning the next stage of your life – and it doesn’t have to be retirement.
Valuing Your Business
Regardless of the method anyone uses to value a business, it’s simply a matter of finding someone who will pay what you’re asking. Past cash flow, profitability, and asset values are the starting points but it’s often the hard-to-measure factors such as key business relationships, reliable suppliers, loyal customers and goodwill that provide the most value.