Capitalism.com

Full show notes at https://freedomfastlane.com/ You’re scaling your business up in value. Well done! Have you considered how much it’s worth? You should. You may not want to sell your business now, but if you don’t take a good hard look at how much it’s worth, you may be overlooking something important. You may be overlooking the most valuable asset you’ve ever held. And at a better time than ever to think about its value. It’s a seller’s market for businesses right now. You can sell a seven-figure business for at least a 3-4.5 multiple, depending on how well organized the business is and the strength of its brand. Sounds exciting, right? It is, but it can be complicated. There are a lot of things you need to take into account when selling your business. An interested investor will start off with a formal Letter of Intent to purchase your business, proposing how the sale may go about. They’ll want to look through your books, to see how organized the company’s financials are. They’ll check to see if you’re hol