I thought my company’s valuation would be 5 years of my average revenue. But I heard it’s actually 2 years. What’s the right way to know this?
I thought my company’s valuation would be 5 years of my average revenue. But I heard it’s actually 2 years. What’s the right way to know this?
On top of what others said just I’ll emphasize
Depends on risk, maturity of business and growth potential. Most small businesses have a range of 1.2 to 3.
You may also find that you’re industry has a range and what it’s based on such as total sales, revenue, customer list ect