An ever increasing number of people start their own Home Business. The huge number of affiliate programs makes it possible for people to start their own Home Business fairly easy and fast. The downfall is that because it is so easy, not everybody treats it as a real business. But it is important that you do so, if it is only for the fact that your Home Business is worth cash!
First, let’s explain the word value. Value is subjective. Everybody has their own opinion what the value is from an item, service, product or a business. What I perceive as useful, and something I would be willing to pay for, might for the other person be useless and something that person would not pay a dime for. Value is therefore by definition different than price. A price is negotiated at the bargaining table, or as in many cases just a set price as you see all over in most shops.
Ok, what is the use of knowing the value of your company, even if we just mentioned that value is subjective? Assuming that you will not continue your Home Business forever, you need to retire some day or you might just have enough of it, whatever reason you might have you will need to do something with...