There are many reasons why you might want to know the value of your business — whether it be for a sale, a purchase, buyout of a partner, or an estate valuation. But how do you determine the value? In a new course on the Society of American Florists’ learning hub, floral financial expert, Paul Goodman, MBA, PFCI, walks you through the process of determining the value of your business.
In just under 30 minutes, Goodman covers the necessary steps to answer the pressing question: “What is my business worth?” The course is free for SAF members and $14.95 for nonmembers.
Take Goodman’s course, Flower Shop Valuation: How Much Is My Shop Worth? and read his article in the January/February issue of Floral Management, What’s Your Business Worth?
Stephanie Brady is the project manager for the Society of American Florists.