SamuelMo commented on the following stories on BizSugar
28 must-dos in determining the fair market price of a small business
"Hi Harry, Thanks for the compliments. I agree; these are very involving processes seeing as there's so much to consider. I indeed hope that this framework will help prospective business buyers to further learn about what each of the 28 steps involve."« previous1 next »
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28 must-dos in determining the fair market price of a small business
"Hi Martin. Thanks for the welcome, vote and comment. Well, no.5 about consulting a broker, accountant and attorney is absolutely vital. They'll be your 'CSI' team - they know what to look for. Next, no.7-14, i.e. everything that the accountant will do; this will basically determine the fair market price. Next, no.15-22, where the entrepreneur's business savvy will help to create an informed opinion about the business in question, and consequently help to guide operations after the business is acquired. That's how I see it...what about you? "