Most leaders ask:
“What is my business worth?”
But a better question is:
“What will someone believe about the future of this business?”
That is where valuation becomes interesting.
Revenue matters. Profit matters. EBITDA matters. Assets matter.
But so do trust, risk, leadership, customer behaviour, systems, and uncertainty.
A business with lower revenue but stronger systems, loyal customers, and less owner dependency may be worth more than a larger business with fragile foundations.
That is why I think business valuation should be seen as a decision-making exercise, not just a financial calculation.
Better decisions come from understanding behaviour, signals, environment, and consequences.
I have written a new article on KrisLai.com:
How to Value a Business in Uncertain Times: 7 Valuation Traps Leaders Must Avoid














