What is the business worth?What is the business worth? https://freebusinessbrokers.com.au/wp-content/themes/bb_broker/images/empty/thumbnail.jpg 150 150 Richard Willis https://secure.gravatar.com/avatar/73dcf572eb0c603f2f0ecce600bd4793?s=96&r=g
Add up the value of everything the business owns, including all equipment and inventory. Subtract any debts or liabilities. The value of the business’s balance sheet is at least a starting point for determining the business’s worth. But the business is probably worth a lot more than its net assets due to goodwill. Business goodwill is an intangible asset owned by and associated with the operation of a company. The goodwill of a company increases its value, as qualities such as the company’s customer base, its brands, products, location, workforce, and reputation demonstrate the company’s proven track record of generating income.