Selling a business is a long and arduous process. Use these tips to prepare your business beforehand for sale and get the best price.
5 Rules to Remember when Selling Your Business
Posted by
AngelBiz under Management
From http://www.smallbizviewpoints.com 2009 days ago
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Comments
2007 days ago
Seriously?! You've seen any small businesses with $200K or so in earnings selling for 15x?
Small businesses usually go for 2x to 6x (and 6x is highly optimistic). I'm afraid you're giving people the wrong impression with your mention of 15x. It's only very large (usually stock market listed) companies that go for over 10x.