1) What was the biggest surprise for you in the reading? In other words, what did you read that stood out the most as different from your expectations?
What stood out to me most during the reading was that how much a business could go for if the owner decided to sell. It also surprised me that a business can have zero value if it didn't do well, or even be worth a lot of money if it still didn't do well.
2) Identify at least one part of the reading that was confusing to you.
What was confusing to me was the PE earning and how the multiples work. How can you measure the value of a business besides seeing its retained earnings and other assets? I liked how the author explained it but I cant help but wonder the loopholes around that theory.
3) If you were able to ask two questions to the author, what would you ask? Why?
I would ask the author for his best advice on how to sell a new business for a large profit because I would want to do that in the future.
4) Was there anything you think the author was wrong about? Where do you disagree with what she or he said? How?
I agreed with everything the author talked about.
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