Yes, I agree with you Andreparis. Moreover, to my mind, these surveys of Join2grow without knowing the number of participants (!?!), etc, are irrelevant ! Obviously, with this great network, Fortis is doing a verticaly and virtualy integration. It takes benefits of this network to know more the entrepreneurs (its future customers), be able to propose at a medium term personalized products... And it doesn't want the competition to have the access to these surveys ??  

I couldn't agree more andreparis. It would be very valuable if we had insights on the characteristics of the company/ies of the respondents and the entrepreneurs on Join2Grow.  

@andreparis

Right you are, for me an entrepreneur can be someone starting in his garage with a brilliant idea, as wel as bill gates developing a revolutionary thing for Microsoft. Both entrepreneurs have nothing in common, at the exception of having once started on their own on basis of a bright idea.

Luxe  

Indeed Nico, I think people answering that they doubt about or don't know the value of their company are being rational and honest.

An Example: just think about how you would 'materialize' the value of your brandname (=brand equity) or reputation towards your customers, leads, prospects and suspects?
You cannot know how much this is worth after years of (B2B) advertisements, communication and word of mouth... And in the end the value of the company depends fully on the future spendings of its clients, leads, ...

For instance, coca-cola is the company with the highest brand value, but those calculations are merely guesstimates. Wondered that even such a company doesn't know its own value? Then I suppose it's very normal that you don't.
(see http://news.bbc.co.uk/2/hi/business/4706275.stm)
 

perhaps it is the market which dictates the valuation of a business but out of experience I noticed that some companies (people) do not know what the market is ready to pay for it and what their business can bring to the acquirer and therefore under value their business and sell it at a much to low price - which is good when you are acquiring but nog good when you are selling !!  

I buy / sell about 70 European companies per year and can reliably inform you that a company is worth what anyone's prepared to pay for it! Certainly there are many accountancy valuations, but entrepreneurs buy companies whereas accountants value them. However, it is "the market" which dictates price. The entire premise of "what's a company worth" is flawed because value is in the eye of the beholder.  

I buy and sell about 70 European companies per year and I can tell you that a company is worth what anyone will pay for it! There is no "correct" value. There are many accounting valuations models, but ultimately it's "in the eye of the beholder" not the calculator of the accountant!  

I wonder how you can exactly know how much your enterprise is worth. Most valuations of companies, are based on expectations of future profit, based on extrapolation of profits made before the valuation date. But that still does not give a guaranty, that the value on a certain date is what a company will be worth on a date in the near future. If a new competitor comes along, who gets a stranglehold on the market through his new business model, the worth of a company losing market share, will go down with that loss.
So only the entrepreneur who sold his company, knows how much his company was worth. Up to that day of sale, a companies worth is always an approximation of its true value.  

Hello:
We have a 'girls club' in Madrid (Spain).
We have earned 2 millions euros during the last year and expended 1.2 millions euros, so the benefit is 800.000 euros, and it is growing up very fast (40% more bussines during the last mouths and 60% more benefits).
The value of the building (and all items inside) is about 1 million euros.
There are no problems with the council, police, and everything goes very well.
We are interested in selling it but we don't know what is its real value to sell it.
Can someone help us?
thank you.
tioquetal@hotmail.com