Posted by PBoone on June 17, 1999 at 15:28:45:
I cannot think of a “How to” article. Quickbooks and American Express have ideas on their page. I disagree with both on valuation. for example they say to evaluate a business take gross receipts and multiply by 1.2. Many Real estate agents and business brokers accept this generic valuation. I disagree because suppose you have 1mil in gross receipts and 1.2mil in expenses? That shows me a mismanagement of funds in the business and a company that I sure as heck would not pay 1.2mil for the “Opportuntiy” neither would any bank.