ilmscore | Prediction Details
"you can pretty much estimate that you're going to be paying somewhere between two and 10 times profits depending on what the industry is so if a company is making $10,000 a year in profit you can expect to pay at least 10 to $15,000 if not $20,000 to buy that and it could potentially be anywhere up to $100,000 depending on what the upside is depending on what the industry is"
By Minority Mindset | November 5, 2023 | Pending
From video
How To Earn Enough Passive Income To Pay For Your Expenses In 2024 | Jaspreet Singh 01:06:26 - 01:06:43
Interpreted Prediction
Businesses are valued between 2 to 10 times their annual profit, with the exact multiple depending on the industry and upside potential.

Prediction Details

Topic
Business Valuation Multiple

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