Current financial profits are very important in valuations but are not the only factor. So what else should one look at when considering a sale?
How many businesses analyse their product or service offering in terms of importance & profitability AND take action to remove the poor performers?
A “bigger” business in terms of revenue or people, does not equate to a more valuable business.
So what factors are considered in calculating business valuation?
People spend most of their time putting out fires and solving problems that their subordinates ought to be solving!