|Industry||Earnings||Estimated Equity Value||Status||Performance|
|lawn & Landscaping||$333,000||N/A||In Progress||N/A|
|Dry Clean Services||$122,000||N/A||In Progress||N/A|
|Electrical contractor||$205,000||N/A||In Progress||N/A|
|lawn & Landscaping||$546,000||$1,450,000||Completed||Poor|
*Earning and valuation numbers shown above are deluded from actual company reports. Information contained in the table is by no means a presentation of a company or an entity.
As a business owner, have you ever wonder how much your hard work is worth? Do you have a rough estimate? Truth is that vast majority of Canadian small business owners do not know how much their business is worth.
Over 70% of business owners are looking to sell their business in the next 10 years, and almost all of business owners rely on the sale of their business to fund their retirement. However, many business owners only start to look for business appraisals a few months, if not weeks, before selling their business. This is like planning your retirement a few months before retirements date. That is probably not the best retirement planning, is it? Business owners who achieve optimal selling price usually started their planning years prior to the selling date.
BAFO stands for Best and Final Offer. BAFOEVAL.com is Canada’s independent, cloud-based business appraisal service tailored to small business owners. Backed by our strong data providers, we are here to provide you unbiased business appraisal opinions at the most affordable price.
How much insurance should you get for yourself and your business? If this question has been troubling you, you are not alone. Nearly 70% of small businesses are under-insured. Knowing the value of your business is the first step to safe-guard all the hard work you put into your business.
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