If you’re one of countless American IT services business owners who saw their business soar in 2020 despite COVID-19 and think now might be a great time to sell, you’ve probably already sought guidance from trusted advisors about the “valuation” of your company to a buyer today.
You may be thinking it’s time to sell your IT services business. To do that, you need to know what it’s really worth.
Most business owners will tell you they have a number in mind. Often, the number comes from a friend who just sold, or a valuation approach touted in an article.