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How to 2x Your Business Valuation Before You Sell It

Knowledge is power. The better you understand your business, the easier it is to improve efficiency and increase your profit margin. If your employees need to drive around all day to meet with your customers, then your greatest business expenses are likely going to be the cost of fuel and the cost of paying your employees. But how much, exactly, are you spending on fuel and wages? And what can you do to bring those costs down? Knowing the answer to these two questions will allow you to make your business much more valuable.