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Tip #127: Business owners to know the value of their business – right now!
As the saying goes, you don’t know what path to take if you don’t know where you are going. Business owners need to understand the value of their business so they can make good decisions for the future. There are so many factors, such as cash flow (the most important), location, employees, clients, strength of product and services, competition, the marketplace and much more. It all starts with going through the process of getting a business valuation from a professional and then taking action to get maximum value when it comes time to sell.
