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January 7, 2015 | By : QWFS Solutions
What’s So Special About the Million-Dollar Mark?

The million-dollar mark is a tipping point at which the number of buyers interested in acquiring your business goes up dramatically. The more interested buyers you have, the better multiple of earnings you will command. Since businesses are often valued on a multiple of earnings, getting to a million in profits means you're not only getting a higher multiple but also applying your multiple to a higher number.

What’s So Special About the Million-Dollar Mark?