Ready to sell? How to price your business

Courtesy Ask FSB  Tue, 07/07/2009 - 10:13

Your true net profit is the number that potential buyers will want to know.

Susie Pemberton, Centralia, Mo.

 I live in a small town and own a child care facility. My gross income in 2008 was $126,134. Someone’s interested in buying it, and they’re waiting for me to give them a price.

I understand that I need to “adjust” my expense report for 2008, but I’m not sure what to use for a multiplier.

I’ve been in business...

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