Putting a dollar amount on what your small/medium sized business is worth can be a very difficult task. In fact, 85 percent of the world’s 200 million small businesses don’t know what they’re worth. Enterprise level companies can even struggle with this and often hire outside help to assist with the evaluation. There are many factors that can go into a valuation. Plus, small business owners can often be emotionally attached to the business — failing to really look at the situation objectively.
What’s the solution? Purch‘s website Business.com wants to take a lot of the guesswork out of evaluating the worth of small and medium sized businesses and has launched the Business.com Report Card, powered by BizEquity.