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I would like to "Value a Biz" but I don't know which choice I should make as to the type of business. I have

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Answers (2)
Kjerstin Deane
BizBuySell
Business Operations Manager
San Francisco County, CA

Elizabeth, one way to narrow down the appropriate category to select is to conduct a search on BizBuySell.com's BuyABiz page for similar businesses. Use only key words for your search. Once you locate some similar businesses, look at the categories that those sellers chose. This may help you narrow down the closest matching category. Mr. Barrick is correct that if your business is very unique and does not fit into one of the available categories, then the BizBuySell Valuation Report may not serve you well.

Jan 15, 2013
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The BAF Group LLC
MD

If you don't specifically know, you probably would be wasting your time with a program like that. Stock processes are normally based on the ability to compare the sale of similar businesses to each other. If yours does not fall into a well defined area, there is a wide margin for potential error. And even if your business is well defined, a business in rural Georgia might sell on a completely different basis that one in the heart of New York City. Stock processes have their place, but extreme care is normally required to use one effectively.

Jan 14, 2013

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