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VISION
Turn your business idea into a reality.
EXPANSION
Run and grow your business into a success.
LEGACY
Exit your business on your terms.
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Guide to Business Valuation:
Understanding and Applying Key Principles
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Understanding Business Valuation
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Key Approaches to Valuation
and more
Small businesses account for 99.9% of all U.S. businesses.
Small businesses employ about 47.1% of the private workforce.
Approximately 33.1 million small businesses operate in the United States.
According to the U.S. Small Business Administration (SBA) 2023
Top 4 Pros And Cons Of Owning a Business
Owning a business comes with its own set of advantages and disadvantages. Here are some pros and cons to consider:
Independence and Control
Business ownership provides you with the freedom to make decisions autonomously and steer the direction of your company according to your vision and values.
Financial Potential
Successful businesses can generate significant profits and wealth for their owners, offering the potential for financial security and prosperity.
Personal Fulfillment
Owning a business allows you to pursue your passions, express creativity, and make a positive impact in your community, leading to personal satisfaction and fulfillment.
Learning and Growth
Running a business entails continuous learning and growth, providing valuable opportunities for personal and professional development as you navigate various challenges and opportunities.
Financial Risk
Business ownership involves financial risk, including the potential for losses, debt, and bankruptcy, especially in the early stages or during economic downturns.
Long Hours and Stress
Managing a business can be demanding and stressful, requiring long hours, hard work, and the ability to handle pressure and uncertainty effectively.
Responsibility and Liability
Business owners bear ultimate responsibility for their company's success and are subject to legal and financial liability for business debts, lawsuits, or regulatory violations.
Work-Life Balance
Balancing the demands of running a business with personal and family commitments can be challenging, potentially leading to stress, burnout, and strained relationships.
