How to Find the Answer:
- Understand what other similar businesses have sold for.
- Document the financial results and qualitative factors of your business.
- Calculate a rough estimate of what your business may be worth.
What MyBizPath® Does for You
MyBizPath® helps you get a rough estimate of what your business may be worth.
1. Understand What Other Similar Businesses Have Sold For.
- MyBizPath® provides you an analysis of actual sales of small businesses.
- Your MyBizPath® advisor helps you understand the analysis of actual business sales.
2. Document the Financial Results and Qualitative Factors of Your Business
- MyBizPath® provides you financial templates to fill in and the questions that need to be answered in order to gain a deeper understanding of factors that contribute to and make your business worth what it is.
- Your MyBizPath® advisor guides completing the financial templates and completing the questionnaire.
3. Calculate a Rough Estimate of What Your Business May Be Worth
- MyBizPath® provides you a rough estimate of what your business may be worth.
- Your MyBizPath® advisor guides you in understanding how to use the rough estimate.