There are plenty of good reasons
to know the value of your business.
Even if you're not planning to sell
your company, it's wise to plan for
succession long before the actual
need arises.
If you work with partners, you
may want to sell your share or buy
another partner's share. If you're
preparing to retire, it's a good idea
to track your company's value so
you can sell when business is good
and you're likely to get the best
price. In some cases you might want
to sell your business and get into
some other line of work or start
another business. Or you might
decide to buy a business some day.
Knowing how to evaluate its