One very common question we receive is, “How do I know what the value of my business is?” This episode details everything you need to know about how to place a value on your business and what the contributing factors are.
As your hosts, Rich Sloan and Troy Janisch reveal, there are a variety of reasons you need to know the value of your business. They range from raising money and knowing what amount of equity to offer in exchange, to knowing how much your business is worth in order to sell it at the optimum price. Knowing the value of your company is also imperative when attempting to establish your own net-worth based on the value of your holdings in your business.
You’ll learn, too, about how businesses in different sectors are valued differently and what the rationale is behind the formula.
Expert guests include Judd Holas of Equity Net, which provides software solutions that enable you to position yourself and your business plan for success in approaching investors, and professional business appraiser, Tracey Jeffers of ValuPath Advisors.