Remember: Asking price is what the seller is asking, selling price is what the seller is receiving, and the fair market value is the highest price the buyer is willing to pay and the lowest price the seller is willing to accept.
If you don't know what your business is worth, what price will you ask? Before you put your business on the market make sure you know an approximate price to ask for your business. Before making the decision to sell it's important to meet with an experienced Business Broker who can provide you with the most probable selling price for your business.
by Jey Arul