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    Valuation of my biz & Sale

    @onjig Thank you. You as well.
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    Valuation of my biz & Sale

    @onjig Ultimately you gotta do what gotta do. I was in real estate development and investing for about 20 years before buying a couple of businesses. I didn’t have much luck in educating many people who’s prices were out of line. But I did end up overpaying for one due to 1031 exchange. So...
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    Valuation of my biz & Sale

    @onjig I looked at a business that was cash based. Owner said he started to keep real books for 3 year to prepare for the sale. But said he still kept about 30% cash off the books, but knew nobody would use that in their value. So, it was a decent seller with realistic expectations. Life is...
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    Valuation of my biz & Sale

    @pathofphanuel Could look at an ESOP plan, depending on how long you want to stay around. A business making $1.5m but only showing $25k in taxes seems, shall we say, challenging to value.
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