When should a business owner exit?
The two questions I get from business owners all the time are "how much can I get for my company" and "is it a good time to sell". In terms of valuation, tomes have been written about how to value companies. In the waste, environmental, and industrial space most buyers use a multiple of EBITDA to express value. Many things come in to play in valuation but the rule of thumb is simply this: value is in the eye of the beholder. The more 'beholders' you have, meaning buyers, the better off a…See More
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