1. Start with a professional Business Valuation: make sure it uses all 3 Approaches to Value; Rules of thumb (ex. 1 x Sales; 3.5 x EBIT) are frequently not accurate for a specific business.
2. Understand the “Value Drivers” in your business; both positive and negative. These are the underlying reasons for the current value.
3. Develop a blueprint to Increase Value: a step by step recipe for what is required to build business value.
At Precision CFO we combine 30 years of experience as CFO and Business Valuation Expert. The Result: a More Valuable Business.
The Best time to take these steps is BEFORE you are ready to sell. Call us today for a free consultation.