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Gordon, would love to know more!
I absolutely agree with you... Knowing how to value a business is a critical and important skill!
And as you say, there's money in being able to do it.
For example, let's say you value a business at $250,000... Yet the owner is willing to sell it for $50,000.
There's a potential $200,000 profit in it for you right there...
Why? The simplest way is you could buy it, and sell it for a higher price.
Or another way is, you could buy it, and then get investors (who invest at a higher valuation than you did)...
Of course, if you're planning to invest your own time and money into a business you're going to start yourself, it's important too...
Gordon, I'd love to learn more!
Last edited by Dien Rice : July 12, 2019 at 05:14 AM.
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