3 THINGS YOU MUST DO BEFORE APPLYING FOR BUSINESS FINANCE Funding and Business Growth Playbook T: 0330 350 3356 @: hello@GrowingYourNumbers.com www: growingyournumbers.com
As you continue on your journey there is one more Key Performance Indicator that needs to be a key part of our ‘dashboard’, the current value of your business.
Business valuation is a complex area but if you know what you are doing it is relatively straight forward to project the minimum potential value of your business. Various businesses are valued in different ways, so as a brief introduction without going into detail at this stage, here are some of the ways a business is valued.
Once you have established the appropriate combination of valuation methods that are most appropriate for your business you can do several things:
• Estimate the value of your business today
• Armed with your forecast, you can estimate the value of your business in the future
• You can make the current and revised value projection a part of your monthly management pack
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