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Buying a Business For Dummies
book

Buying a Business For Dummies

by Eric Tyson, Jim Schell
April 2024
Beginner content levelBeginner
304 pages
6h 58m
English
For Dummies
Audiobook available
Content preview from Buying a Business For Dummies

Chapter 6

Figuring Out How Much the Business is Worth

IN THIS CHAPTER

Bullet Choosing a valuation method

Bullet Seeking a professional appraisal

Bullet Tracking and comparing other businesses that have sold

Bullet Getting financial data from research firms and publications

Bullet Working with a business broker

When you begin exploring businesses for sale, you don’t know exactly what a given business is worth and you risk overpaying for that business if you jump into a deal too soon. However, with time and the right resources, combined with a little upfront due diligence, you can get a good handle on a particular business’s worth, which may or may not align with the owner’s asking price. (For more on the search process, see Chapter 4.)

Tip You can start by taking a cue from smart home buyers and real estate investors: To find out how much a property is really worth, consider comparable sales — that is, the amounts that ...

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Publisher Resources

ISBN: 9781394245758Purchase Link