The Factors That Determine and Improve Business Value
The value of a privately held businesses typically comes down to a simple equation – Profit times a Multiple equals business value. The multiple depends on the operational strength of the business as measured on both internal and external factors. Duke Business Advisors uses a tool developed at MIT and endorsed by The National Association of Certified Valuation Analysts (NACVA)
Read MoreAre you a “Baby Boomer” Business Owner?
What is so special about “Baby Boomer” business owners? Well, there are a lot of them. It is estimated 52 percent of businesses are owned by people between 50 and 88 years of age. This equates to 9 million businesses in the United States. Put it another way, a business owner is turning 65 every…
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