What Is Your Utah Business Worth?

Certainly the bottom line is very important to the value of a business. There are, however, other ingredients that build value. Learning what these ingredients are is important to getting a fair price for your business.

Business and Industry History

A business that has been in business for years generally will have more value-and appeal-than one that has been in existence for only six months.

Growth of Business

Are sales and profits increasing on an annual basis? An income statement that looks like it is on a yo-yo– string will not create value. One that is in freefall—each year lower than the previous—is probably not going to sell.

Customer Base

A Wide and varied customer base indicates a business is on more solid footing than one that relies on one or two customers

Terms Of Sale

Studies indicate that a seller willing to accept a reasonable down payment and terms will have a quicker sale at a higher price.