Small Business Focus

How to determine what your business is worth

Buyers are looking for capital appreciation and a future stream of cash generation.

Pavlo Phitids, Aurik Business Accelerator

“Business valuation” is a process by which one determines what a business is worth.

The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis for his weekly small business feature.

Phitidis spoke about how business valuation works and why every owner should understand it.

Scroll down for quotes from the audio below.

It’s insane to not build a business that can be sold.

Pavlo Phitids, Aurik Business Accelerator

94.6% of businesses never get sold!

Pavlo Phitids, Aurik Business Accelerator

How far into the future is the business able to continue without the owner?

Pavlo Phitids, Aurik Business Accelerator

You need systems! It’s what makes a business operate. It’s what separates the owner from the business.

Pavlo Phitids, Aurik Business Accelerator

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Article brought to us by Old Mutual.

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How to ensure you get paid

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Finding customers is one thing; getting paid is another. Bruce Whitfield interviews small business guru Pavlo Phitidis.

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