Also account for "goodwill". That is the notion that one business is worth more than others because it has an established name. An example would be if John Walker was selling out and so was MotorMeister. All things being equal in terms of revenues and equipment, JWW would command a higher premium for goodwill.
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most small businesses lie big time on tax returns which makes financing all but impossible...
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Second that.
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Rosewood 1983 911 SC Targa | Black 1990 944 S2 | White 1980 BMW R65 | Past: Crystal 1986 944 na
Guards Red is for the Unoriginal