Ever Wondered What Your Business Is Worth?
There's a few things to keep in mind first. First of all, no online business valuation tool is going to give you anything more than a guide, and that includes this one. There, we said it.
This valuation guide will also give you some ideas and hints and tips, so be sure to ask for a detailed two year PDF improvement plan at the end.
If you'd like to talk with me after that, that would be great - just use the button below.
For this valuation tool you'll need ChatGPT, don't worry - it's free too.
Stuart Mason
the hard facts about business valuations
It's The Stuff That No One Dares Talk About
this is the harsh reality of selling a small or micro business
I am not going to sugar coat this, if you want it sugar coated, buy almonds. Over 80% of small and micro businesses in the UK that are listed for sale NEVER sell. It's not because they are bad businesses, they're NOT, they are just unsellable.
Business owners get hung up on multiples, multiples of EBITDA, multiples of net profit, or for some very rare businesses, multiples of turnover. The multiples in small and micro businesses are significantly lower than larger businesses, sorry, it's a fact.
Your business may be giving you a good lifestyle, but if you are the business, then what you're selling is a job, and no one wants to buy a job. In other words, your business is almost always more valuable to you.
Business owners from the dawn of time tend to overvalue their business, some unbelievably so. Always ask yourself this, "Would I buy my business at that price?"
We have enlisted the help of our friends at Junction Twenty, the business exit preparation people, and Robbie the Robot from ChatGPT to help out.
Remember, this is a guide, nothing else.
The Business Valuation Bot
Use the button below to get started. You'll need a ChatGPT account first.
Click one of the four boxes and start answering the questions in the boxes. Be detailed, but we don't need "War and Peace".
At the end ask for a full 2 year action plan and the number 1 priority for getting started
Just To Be 100% Clear
This valuation tool is provided as a guide and a guide only. The accuracy of the information and/or valuation cannot be guaranteed, and no warranty to its accuracy to that effect is given nor implied. Users that use this feature do so entirely at their own risk. Professional advice should be sought after using ANY online tools, please speak with us directly if you are unsure.
