Whether you’re looking to sell your online business in the next few months or just a curious entrepreneur, the “What’s my business worth” question is an important one.
We could have made this podcast pretty short – it’s only worth what a buyer’s willing to pay for it – but where’s the fun in that!
There’s quite a bit to think about regarding valuations and we wanted to dive into those issues in this podcast episode. We’ll look at some common misconceptions when it comes to business valuations, cover some valuable “rules of thumb”, and dig into our tips to getting the best multiples or valuation when it comes time to sell your business.
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Listen To The Full Interview:
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What You’ll Learn From This Episode:
- Misconceptions regarding business valuations
- Valuation rules of thumb
- Getting top multiples when selling your business
Lewis says
Great episode guys! I was just discussing this exact thing (how an online business should be valued and what, exactly a buyer would look for) with my business partner the other day and your podcast flashed into my head. I look into the archives and POW – the perfect answer!
Do you have any further information/episodes about inventory pricing? Specifically, and it might be an entirely separate category actually, I was wondering if there is any value that can be added to a buyer if a product is an industry with several low quality manufacturers and (through lots of pain and expense) the seller has uncovered 1 or 2 of the best manufacturers out there?