A great tool to help you value your business. It includes your business assets, liabilities, and the ever elusive ‘good will’ figure. Watch the video first for the full explanation of how this is calculated for you (no need to pluck a figure out of thin air anymore!)
a) Download the BizVal calculator excel spreadsheet
b) Fill in values for your assets and liabilities to calculate your Nett Assets
c) Enter last years profit value, and your profit multiplier (see video) to reach your business value calculation.
d) Review annually to see the growth of your business