If I wanted to value a small business what is the best method ?
I am not a finance expert so a simple explanation would be appreciated. The business I am looking at is based in the UK, has been running for 10 years and has an average turnover of £500,000. Best year was £1,000,000, Worst was £350,000.
No fixed assets other than office equipment and one vehicle. However a very desirable client list.