The Value of A Small Business - Part 2


         There are many factors that all businesses have in common, however when looking at the details, there are usually many more differences. One area is determining the value of a business. In our continuing series, we will look at another feature of business valuation. This is an essential service that Anthony Sykes & Co provides for its small businesses clients.
          Estimate how the business will grow. In most cases, a business will grow over time. The faster the growth, the more the business will be worth. No one is able to tell the future, but reasonable growth can be estimated using a few factors. Most important for a business owner is to know the lifespan of their business. Does it have a fixed date, or is it indefinite? This plays a big role in determining the value of a business. Our next post will discuss more of the process of business valuation.

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