1. The Entrepreneurial Journey

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The Entrepreneurial Journey

In order to begin answering ‘What’s your or your client’s business worth?’ it is useful to explore where you are today. Entrepreneurship is a journey, and it’s a lot more predictable than you’d think. There are phases that nearly every growing business goes through. Daniel Priestley (entrepreneur and best-selling author) describes the journey in six key stages:

Start-Up

These are the early days, when you have had your great idea, worked out how you are going to get started, and are preparing to launch your business. You are developing its offering, setting up an office, hiring the first staff members, and securing some