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How do you determine the value of your business? Every owner should know this figure AND be able to support their conclusion. What are the methods business owners use in the Sweeper Industry to determine the value (fair market price a buyer would pay) for a business?
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The usual method for evaluating business sales are: 1 yrs. gross billables (A/R's) . Then from there you can add or subtract for various variables, like equipment, debts, real estate as part of the deal, etc....