The Value of A Small Business - Part 1
There are many factors that all businesses have in common, however when looking at the details, there are usually more differences. One area is determining the value of a business. Large corporations can use their publicly traded stock to make that determination. That is not an option for a small business. There are a number of unique inputs that must be considered in order to accurately state what a business is worth. This is an area that Anthony Sykes & Co is more than qualified to provide excellent results. That is true because of following some simple principles. Know what the business earns. That might seem a little obvious, but this really is the first step. Different industries may emphasize other points and certain accounting practices can make giving an answer a little difficult. The proof of a business valuation starts here. Our next post will go into more detail of this process.