Most business owners don't know what their company is actually worth. A formal valuation using eMoney reveals the real number, shows how much debt you're carrying, and tells you whether you need to grow the business or prepare to sell it. Your wealth is probably locked inside it.
So, I think one of the big things that we'll do is we'll sit down with them in the initial assessment and kind of go through that. We typically will go through some type of a financial plan. We use eMoney. So really what it does is it gets on paper what the value of the business is. To be honest with you, a lot of owners haven't even valued their business properly, right? Yeah. So, let's get a proper business valuation and then take a look at, you know, what are some of the— hey, if they own some debt and that type of thing. But ultimately, if they were to sell it and monetize it, there's some taxes. Are they on track or are they going to have to grow the business? And so I think that's the first step, 'cause that also helps us, well, where are the gaps? Okay. And a lot of owners, you know, you and I talked about that, and it's very common that most of their wealth is tied up in the business itself. Yeah. So they're going to have to monetize and sell that business.
How Can You Maximize Your Business Value Before Selling? with Randy Katz Video
