How do you value what a business in worth? is it whatever gross profit that is comming into the business?
Answer:
A BUSINESS IS WORTH ITS INVENTORY , GOODWILL, AND 3_5 TIMES IT NET EARNING PLUS REAL ESTATE AND ANY ROLLING STOCK LIKE CARS AND TRUCKS . SELLER HAS TO PAY ALL DEBTS OFF TOO .
The business valuation is a technique.
Most common one used is the Net Asset Value method. In this case the revalued figures for the entire assets included in the contract less the revalued liablities is computed and the purchase consideration is arrived at.
Contact an accountant that specializes in business valuation.
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