My wife and I own our own small business (photography studio) and we are just about to start year 3. I was looking at our Mint dot com aggregate net worth and realized we have nothing about the business entered.
Do any of you calculate your business net worth? I figured it would be a sum of all the sellable assets PLUS annual profit of the business multiplied by 3, 4, or 5.
I'm curious about opinions or viewpoints regarding that concept.