Cleaning & Maintenance Management Online

Friday's Ask the Experts: Worth

November 11, 2011

Friday''s Ask the Experts question from a cleaning professional on the International Custodial Advisors Network (ICAN) "Ask the Experts" page: How do I know how much my company is worth?

The answer:

There are two factors:
1. What someone is willing to pay you for it.
2. What you are willing to sell it for.
Beyond the above, talk to a local or national business broker who specializes in selling cleaning businesses; he or she can review various formulas that are used to set a starting price on a business. It is best to find someone with experience ... — Bill Griffin, president of Cleaning Consultants

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