One of the first things to have in place and in good order before you make a decision about whether to sell your business, is your bookkeeping. Many business owners have a number in mind that make sense for them to sell, but how do you determine your business value? There are quite a few ways to calculate what the worth of your business is to a potential buyer and all of them rely on accurate numbers. You should know your growth rate year over year, your EBITDA, your balance sheet equity and the value of assets vs. liabilities of different types, and the cost of client acquisition. All of this might sound overwhelming at first, but the better you understand the numbers, the easier it will be to negotiate a fair price for your business.
About Complete Controller® – America’s Bookkeeping Experts
Complete Controller is the Nation’s Leader in virtual accounting, providing services to businesses and households alike. Utilizing Complete Controller’s technology, clients gain access to a cloud-hosted desktop where their entire team and tax accountant may access the QuickBooks file and critical financial documents in an efficient and secure environment. Complete Controller’s team of US based accounting professionals are certified QuickBooksTM ProAdvisor’s providing bookkeeping and controller services including training, full or partial-service bookkeeping, cash-flow management, budgeting and forecasting, vendor and receivables management, process and controls advisement, and customized reporting. Offering flat rate pricing, Complete Controller is the most cost effective expert accounting solution for business, family office, trusts, and households of any size or complexity.