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Business Valuation Basics: Understanding Your Worth and Future Potential

University of Herts Business Incubator 24.01.2024

As a business owner, knowing the true value of your company is fundamental for making informed decisions and planning for future growth and success.

In this talk we will discuss the concept of business valuation and its significance in the world of entrepreneurship.

I'll delve into the key factors that influence business valuation. From financial performance and industry trends to the importance of a strong customer base and valuable intellectual property, we'll cover the essential aspects that impact your business's value.

Understanding different valuation methods is essential, and we'll do just that. I'll explain the income approach, market approach, and asset-based approach, helping delegates to find the most suitable method for their specific business model and industry.

We will explore the importance of projecting future business valuation. By considering growth rates, market changes, and your business plans, you'll be able to anticipate and plan for your company's future worth.

From this, we will discuss actionable strategies to increase your business valuation. From optimising profitability to reducing risk and expanding market potential, delegates will leave the event with tangible ways to enhance their business's worth.

You can read more about the University of Hertfordshire's Business Incubator here.