Tip #52: Someone is Going to Throw Money at Your Business? Really?

business worth a fortuneOK, everyone has heard about a few huge deals for technology companies over the last several years. But business owners rarely receive a premium for their business. Buyers will look at all the important factors such as cash flow, key employees in place, profit margins and prospects for future growth, to name just a few. Then they will try to purchase the business for the best deal possible. Business owners should consider having a valuation performed by a professional now and then begin preparations to justify top dollar for all their years of hard work.