Do you really know what your business is worth? What do buyers or investors look for when considering a deal and how are the COVID years calculated in the valuation? Where can you add the most value to your organization? What areas of growth will provide the greatest ROI? Most business owners don’t get nearly what they should because they weren’t prepared or were focused on things that are not valued by buyers, and this can gravely affect the value of your company.
As a business owner, it’s imperative to focus on the specific areas of your business that drive value, even if you have no immediate intention of selling.
Mitch Tetrault, President & COO of Monarch Industries and Shane Dunn, a Strategy and Transactions Leader at EY, have a fireside chat on the theory vs. reality of valuation in a transaction and the non-financial factors that drive value and a successful outcome.