In the world of small business, the sale of a business is dependent on two critical elements. They are DISCRETIONARY INCOME and the BUSINESS RISK MULTIPLIER. These two elements are multiplied to create the overall value of the business operation. In general, no small business operation is worth more than three times the discretionary income.
Sale of a Business
The sale of a business is the highlight of an owner’s development of his business. The sale follows multiple steps. The articles here explain and describe the attributes of selling a business. Help is provided to the buyer or seller in determining the most important risk factors and calculating the discretionary income for the business operation.