Tip #74: Be informed. Get a professional business valuation now!

Tip 74 - Value Shock Too many business owners have an inflated view of what their business might be worth or no idea at all! There are a large number of tangible and intangible items which contribute to a market evaluation — and owning the business for a number of years or working very hard over those years are not the most important. In order to plan for growing the business, obtain a loan or sell the business, it is critical to get range of market values performed by a professional such as a business broker or a mergers and acquisitions advisor as soon as possible.