How does a web company grow to the point that it can become worth millions of dollars? Furthermore, how is it that the same web company can not turn a profit in spite of the millions of dollars in stock that are in ownership? For years, investors have struggled to make sense of the same concept in the non Internet world.

With 2012 in sight, as a business owner, have you thought about having a business valuation completed? This may be the busiest time of the year for your business but having a proper and complete business valuation completed prior to the start of the New Year provides valuable insight that will help propel your business into the first quarter of the New Year.

I recently participated in a Linked In poll on discrimination in the job market. The question was “What type of discrimination, if any, is prevalent in today’s job market?” The answers were “younger, older, women, race/ethnicity, and unemployed”. The final answer from an overwhelming number of participants was “older”, with “unemployed” coming in second.

Since trade has been the mainstay of economic activity, crooks have also been part of the picture, and continue to be so. People all around the world are looking to make easy money with little effort. Stories of people who have been caught out by pyramid schemes or had their identities stolen regularly feature in the news.

As a business owner, one of the most important things that must always be on your mind is the current value of your business. Many business owners will wait until they are ready to sell their business before having a complete business valuation done. There are many reasons why, besides the selling of your company that a business valuation will help increases the value of your business as well as the profitability long before a pending sale.