How much is your business worth if you sold it?

How much is your business worth if you sold it?
Join Lawrence Mak and Cameron Forbes as we talk about ways to evaluate a business when you are planning to buy or sell.

Lawrence Mak, Broker | RE/MAX Realtron Realty Inc.
Cameron Forbes, MBA, CPA, Broker, General Manager | RE/Max Realtron Realty Inc.

0:48 How much could you get for your business if you sold it?
0:59 There are 2 broad approaches
1:05 1) An income approach to value
1:10 Cash Flow is key
1:25 Depends on the industry, length of time and other risk factors
1:30 Perhaps 3 times cash-flow for an established business
1:45 2) Asset-based evaluation, such as inventory and equipment
2:10 Talk to a professional
2:35 In summary, use an income approach with a multiple based on the industry
2:42 Or base the valuation on the assets such as inventory and equipment
3:18 If you have any questions about your business
3:21 Call me (416) 276-4895

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