CAPE Entrepreneurship Unit 2 · 2015 · Paper 2 · Question 6(a)

Margo left her corporate job to launch 'Mytime', an online organic bath and body shop. The business experienced rapid expansion during its first year, making it challenging to manage. Contemplating harvesting the venture, she seeks to determine the business's value to decide among selling outright, taking on new partners, or pursuing an employee buyout.

Outline THREE situations that may cause Margo to require a valuation of the business.