There are many reasons why a business owner wants to know how much his company is worth. The sale of his company is one of the main reasons. This could mean the owner has received an offer to buy the enterprise. Also, the business has experienced growth that makes it difficult to manage; simply because the business owner wants a change in his life, or this could mean the owner is planning his retirement, among other reasons.
The valuation of a business is a fundamental exercise to understand the competitive position of a company.
But how do I know how much my business is worth?