Suppose the annual income of the organization in fiscal year 2008 is 6.5438+million, the pre-tax net profit should be around 2 million, and the pre-tax valuation should be around 6.5438+million. This valuation is more reasonable for traditional industries, because if it is valued at 6 times the net profit of the enterprise. That is to say, if the enterprise remains stable, the investment will be recovered in six years, and the annual return on investment will be about 17%. Compared with investing in such a small-scale and immature education and training institution, this return on investment is particularly risky. When I come into contact with some institutions with an annual income of 2 million and a profit of 500,000, I always need a valuation of 6,543,800+million.

What does a valuation of 20 times mean? In the absence of growth, the annual return on investment is only 5%, so it is better to have a bank. Traditional industries are traditional industries, and the proportion of costs in income is fixed. You are not the internet. After people set up the structure and brand, the cost of 1 person is the same as that of 1 100 million people, and people's profits and income can increase geometrically. Of course, for some organizations that are extremely confident in themselves or whose enterprises are really growing at a high speed, the value of enterprises is often evaluated by the income and budget of this fiscal year or even the next fiscal year. Suppose the actual income-actual profit of organization A in fiscal year 08 is 6.5438+million-2 million, the budgeted income in fiscal year 09 is 20 million-4 million, and the budgeted income in fiscal year 65438+00 is 50 million-6.5438+million.

Education and training institutions for the purpose of academic education or adult continuing education need to have the requirements of venues and teachers, and they need to be certified by the education authorities and recognized by social forces before they can operate. The price of their training courses needs to be accounted and reported to the education department for approval. To increase courses or change fees, you must apply to the education department for approval before you can change them.