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Valuating a business for sale?
I know this is a Porsche forum, but out of all the forums I belong to (Porsche, Corvette, TransAm & Pantera), this one seems to have the smartest mo-fo's.
So...Is there a simple formula for valuating a business? I own a service company (very little, if any, inventory) that I either have to sell, or find someone to run. However, I have no idea what the business is worth or how I would even go about selling it.
???
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