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How Much is My Business Worth?

Discussion in 'General Business and Entrepreneurship' started by Nunzio Presta, Jan 15, 2016.

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  1. Jan 15, 2016 #1
    Nunzio Presta

    Nunzio Presta Member

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    This is probably the most popular question my team and I get asked! Since BizON is dedicated to creating a strong community of engaged business owners, entrepreneurs, brokers and franchisors, we feel it is right to provide as many valuable features and services as possible.

    With that said, save time and money by engaging in our Free Business Calculator - click here and we will email you the results!

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    setupdisc and briannagodess like this.
  2. Jan 16, 2016 #2
    briannagodess

    briannagodess Member

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    Oh, wow! I didn't know such a calculator exists! It can be nice to know what is the market value of your business. You will be able to have that pride knowing that your business has that much value in the market. Thank you for sharing this! I'm sure it can help many businesses out there!
     
    Nunzio Presta likes this.
  3. Jan 17, 2016 #3
    Vinaya.Ghimire

    Vinaya.Ghimire Member

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    I don't have a big business. I have a small dairy farm and my current yield is just 100 liters in a day. After deducting the operating and production cost, I can only manage to pull just about $200 in a month.
     
    Nunzio Presta likes this.
  4. Jan 18, 2016 #4
    111kg

    111kg Member

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    I don't think these calculators are really useful. I think they are just like those websites that tell you what's your domain's worth. They grossly overprice it. I really think the value of a business depends on a lot of factor, including the buying power of the potential buyers.

    In theory, it may worth 1 billion dollars, but if you only get $1 million, that's what other perceive your business is worth it.
     
    Nunzio Presta likes this.
  5. Jan 18, 2016 #5
    pwarbi

    pwarbi Member

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    While I'm not saying that I don't trust the OP, I'm also a bit wary of just how these calculations are worked out and a lot do seem to overprice the business in question, and sometimes by a big margin.

    If you have an accountant and also keep an eye on the figures yourself, you should be able to get a rough estimate of what your venture is worth anyway, depending on the market at that time.
     
    Nunzio Presta likes this.
  6. Jan 22, 2016 #6
    Nunzio Presta

    Nunzio Presta Member

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    Absolutely! We try to give the best estimate and benchmark as possible. We have algorithms and data points that do a great job are providing a reasonable valuation, nevertheless, we always recommend seeking professional advice as there are many other factors that can increase or decrease the valuation of your business. In the end, you are 1000% correct, the value of a business is only what someone is willing to pay for it.

    Great input @111kg
     
  7. Jan 24, 2016 #7
    rz3300

    rz3300 Member

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    I have a mixed experience when it comes to these sorts of calculator tools. When I was a part of my first business, which was very very small, we used a pretty generic one just for curiosity and it turned out to be way off from every other estimate that we got. Then as we grow we used another and it was spot on. I guess it really just depends on which program you use. It is certainly not unuseful to have these on hand from various sources.
     

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