5 Key Steps to Increase the Value of Your Business A successful business is built on solid systems and positive cashflow. What steps do you need to start taking today?

By kirsha campbell • May 7, 2021

Opinions expressed by Entrepreneur contributors are their own.

How valuable is your business? Does it depend on your social media following? Does it depend on your sales? Does it depend on the leadership?

Have you ever attended an auction? What is so intriguing are the various prices being bid on the same item, depending on the value that the bidder places on it. The bidder usually knows the value of the item or even the origin of that item and the potential value for resale.

This is a subscriber-only article. Join Entrepreneur+ today for access

Learn More Log In

Editor's Pick

A Father Decided to Change When He Was in Prison on His Son's Birthday. Now His Nonprofit Helps Formerly Incarcerated Applicants Land 6-Figure Jobs.

A Teen Turned His Roblox Side Hustle Into a Multimillion-Dollar Company — Now He's Working With Karlie Kloss and Elton John

3 Mundane Tasks You Should Automate to Save Your Brain for the Big Stuff

6 Things to Consider When Getting Out of a Franchise Agreement

The Next Time Someone Intimidates You, Here's What You Should Do

5 Ways to Manage Your Mental Health and Regulate Your Nervous System for Sustainable Success

Most Popular

See all

Business News

Kevin O'Leary Slams Martha Stewart's Comments on Remote Work: 'Nobody Wants to Work in These Places'

The "Shark Tank" star is a firm believer in remote work.

By Emily Rella

Business News

'Do You Hate Me?': High School Teacher Shares Wild Emails He Receives From Students

Jordan Baechler teaches high school students in Ontario, Canada.

By Emily Rella

Life Hacks

The Top 5 All-Time Best Productivity Hacks You've Never Heard Of

Want to combat chronic procrastination? Use these top five productivity hacks to put an end to this debilitating nuisance.

By Ben Angel

Fundraising

Working Remote? These Are the Biggest Dos and Don'ts of Video Conferencing

As more and more businesses go remote, these are ways to be more effective and efficient on conference calls.

By Bryan Lovgren

Growing a Business

The Best Way to Run a Business Meeting

All too often, meetings run longer than they should and fail to keep attendees engaged. Here's how to run a meeting the right way.

By Jacqueline Whitmore

Leadership

I Accidentally Became a Successful Entrepreneur. Here Are 5 Mistakes I Learned to Avoid When Starting a Business

PR is, at its core, storytelling. And the story of my now-thriving solo-owned business has been fraught with as many mistakes as successes, as many fall down the ladder as steps up. It's from my missteps, in fact, that I learned even more than from my triumphs, and this article presents 5 of my biggest blunders on the road to a flourishing small business.

By Emily Reynolds Bergh