Watch This Video on Youtube https://youtu.be/9T_LxOKsh_4 Simple Business Valuation Calculator Let's discuss a small problem we face within our organization that is a business valuation calculator. People are looking at tools and real estate such as Zillow or take a look at Kelly blue book of cars and think "Why don't we have an online business valuation calculator?" We've seen you doing it for a long time and, in reality, we'd like to. The problem is that it's difficult. There are a few excellent baselines, for example earnings and revenue, and we can discuss guidelines and what they look like. What makes it difficult to achieve is that you can have two businesses with the same revenue, same earnings, but with hugely different amounts. In reality, two, three X one another, and almost not even far apart. This is due to intangibles. There are a lot of things that go into the business of a company such as intellectual property and defensibility software and more that create an extremely complex issue rather than simply, Hey, what's your income and are you worth five times the amount you're imagining. We're now working on this issue. It's probably too late to discuss the issue, but we're currently working with an incredible business to address this issue and will come up with a solution shortly. In the meantime If you have any concerns regarding how to improve the potential of your company or how much your company is worth, then why don't you contact us by calling Freedom Factory. We're looking forward to talking with you shortly. How can I prepare my company to be able to sell? Entrepreneurs are often confused about how to prepare their businesses to sell. If you've made the decision that you'd like to sell your business. What do you do now? First, what you'll need to take care of is get your home ready for your business for selling. Therefore, you should obtain three or two years of tax or tax-related documents. Also, financials and put them together. Take them to your accountant and have the documents ready for. In the second, if you've never made an operational manual, now is the perfect moment to start. You're aware of how your business is run, and you know how different departments work however, when you decide to decide to sell the business you'll would like ensure that it is as effortless as possible for the transition to the new owner. This value is likely to be taken into consideration in the price of sale. So , get your operations manual and job descriptions together , and make sure your home is in order. The third step is to discover, well, the right team. Find a reputable appraiser and broker. Determine the value of your business. Create a story and then figure out how we going to get the business to market? When will we introduce it to the market? It's all about the current tax climate. What can I alter my financials? What do I say by that is straightforward. We're going to use the information from your EBIDTA or your accountant's ability to do similar things and then translate it into the seller's discretionary cash flow. That is. A fancy way of describing all the money business earns during the process of filing tax returns. It's all about minimization you think? Tax evasion is a crime. Tax avoidance is a smart strategy. It's why you're seeking to be as tax-efficient and pay as low a tax as possible. We have to translate that