Determining Your Business’s Market Value
Ready to sell your business? First, determine what it’s worth and then decide who to sell it to: 1) another company, 2) your employees, or 3) your family members?
Option 1: Sell to Another Company
Sell the business and walk away.
Option 2: Sell to Your Employees Through an ESOP
Among other benefits, the business lives on when employees take ownership.
Option 3: Sell to Your Family
Keep the business going, and in the family.