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Apr 16, 2019 4:39 am
I Have A Small Business With Last Two Years Accumulated Profits Of Around $ 250,000. How Do I Value The Fair Market Of The Shares Before Selling Them To My Son And Wife?
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Apr 17, 2019 1:51 pm
You should hire a Chartered Business Valuator to determine the value of the business. As a general rule of thumb, the value of a business is 3 to 5 times its EBITA (Earnings Before Interest Taxes & Amortization).