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There is no precise formula for pricing a business. There are several ways that can be used to arrive at a sale price. In the most common method, some variation based on current earnings of your business that are then capitalized or multiplied times a rate typical for your type of business or the market in general is used. If you earned $50,000 last year and the capitalization rate for your industry is 10, then your business will be valued somewhere around $500,000. Of course, various elements of the sale, such as the inclusion of intellectual property, assets, etc., may cause that to vary. The bottom line, though, is your business is worth what someone is willing and able to pay for it. There are many good references that provide considerably more detail about the various models for valuing a business. One, at Entrepreneur.com, is titled What's Your Company Worth?
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This resource area was created by the: Entrepreneurs & Their Communities community
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Youth Entrepreneurship
What do kids know about business? You'll be surprised!
E-Commerce Learning Modules
- Direct Marketing for Specialty Food Products. Learn strategies to direct market and sell specialty food products.
- Electronic Retailing. More and more of our communication and social behaviors involve computers and networks. Nonetheless, it is not as simple as it might appear to connect the dots on electronic retail and turn it into a successful venture.
- Going Global: A Guide for e-Commerce Expansion. A worksheet driven learning lesson for the established e-commerce business exploring export/import opportunities.
- A Primer for Hispanic Small Businesses. In both English and Spanish, this module was founded in the belief that e-commerce education should not only be available to Spanish Speaking business owners but also that small business stand to benefit greatly from the patronage of the Spanish speaking consumer.
- Marketing Food Specialty Products OnlineThe purpose of this learning module is to assist food retailers in making decisions on the use of online technologies in their marketing and planning strategies.
RESOURCES:
Build Your Business
- Online Tutorial on Farm Leasing
- Strategies to Improve Farm Business Management
- Visual Merchandising: The Silent Salesperson. View a recording of a marketing workshop conducted by Glenn Muske, Oklahoma State University. The workshop covers some key aspects of display as a sales tool. The workshop is approximately 45 minutes long.
Building Entrepreneurial Communities
- E-Commerce Module:Connecting Rural Communities
- Strengthening Competitive Advantage of Rural Businesses with e-Commerce and Experience Economy Strategies
- Mini-Course: Developing Diversified & Value-Added Agribusinesses
Blogs to Watch