business value

How College Business Plan Competitions Can Help Your Career

by / ⠀Entrepreneurship / December 21, 2013

College business plan competitions are widespread and are held in most areas at least once per year. Most people assume that business plan competitions are helpful only for undergraduate and MBA students who want to become entrepreneurs. To the contrary, business plan competitions benefit anyone who wants to start their career on the right foot. In fact, many competitions are run by private venture incubators and do not…

What Is Your Business Worth?

by / ⠀Entrepreneurship Startup Advice / December 11, 2013

  What is my business worth? It’s a question I’ve asked myself hundreds of times over my 40-year long ownership career. And valuing your business, as an exercise, is a great thing to do from time to time — it gets you thinking and dreaming, which is not a bad thing. But it wasn’t until I started buying, expanding, and selling my own businesses that I really got…

How to Value Your Business

by / ⠀Startup Advice / December 17, 2012

As anyone who has ever watched the BBC’s Dragon’s Den will know that wrongly valuing a company is one of the most common mistakes made by entrepreneurs when looking for investment or a profitable sale. This is because such valuations are, by their very nature, an inexact science. Ultimately, a business is worth only what someone will pay for it, and not a penny more. That said, taking…

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