Financially Simple

In episode 24 of Financially Simple, Justin goes into Business Valuation - how and why. Knowing what your Business is worth will help you when it comes to selling or accepting offers. It will also help you to identify weaknesses in the Business so that you can improve its value. Justin looks at the various methods of determining the value of your Business, and their pros and cons. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! TRANSCRIPT: How Much Is My Business Worth? A Surprisingly Complex Number – Post #24   TIME INDEX: 00:31 - How Much Is it Worth? 01:15 - Reality Check 03:59 - The Methodology Behind Business Valuations 04:39 - Three Ways to Value a Business 04:42 - Replacement Cost 06:49 - Comparable Value 08:21 - Income Method 10:54 - EBITDA 13:46 - Ways to Increase the Value of Your Business 15:04 - How Is the Income of Your Business? 15:43 - Is There an Easier Way? 16:27 - Certified Valuation Analysts 19:35 - Bench Marking Software For more in-de