Wednesday, April 17, 2019

3 problems with using past transaction data to value a small business.

If we use the available data, can’t we just calculate the value of a small business?

This week, I dive into the Matrix-like sea of floating numbers that are swirling around the topic of business valuation.

Why can’t we just compare a business to the available transaction data?

Won’t a calculator simply tell us the business’ worth?

It’s not so easy, I’m afraid.

Let me explain to you the 3 problems with valuing a business using comparative data.

Watch as I analyze the data and give you my calculated response:

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#entrepreneurship #smallbiz #business #valuation #business

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