For What It's Worth

About the Book

If you are a small business owner you can forget that old line about your house being the single largest investment you will ever make. It isn’t, your business is. What are you going to do with your business? In the near term, you probably plan to get up every morning and try to keep making a living, but what comes after that? What happens when the time comes for you to do something else? Are you ever going to retire, or sell the business, or maybe even leave it to your children? It is a good idea to track the value of your business anyway, but if the ownership of the business is going to change, then you quite simply have to know what it is worth.

Business valuation has grown into a highly technical analytical process, and the bulk of valuation publications tends to be highly technical as well. This book, however, was written specifically for small business owners and makes the science and art of business valuation understandable. It delves into how businesses are valued and what elements of your business create value. If you have any dreams of one day selling your business, either to fund your retirement or to finance another business venture, then you will want your business to be worth as much as possible. ‘For What It’s Worth’ shows you the ground rules and lets you start building value in your business instead of just treading water and hoping for a lucky break.

This edition includes a bonus chapter that discusses just how to start going about getting your business ready to sell. It includes tips, tricks, and techniques to get you started in the right direction so you won’t find yourself simply slapping a FOR SALE sign in the window and hoping for the best.

Edited by Robert L. Green, CPA, CVA, CFE, CM&A

About the Author