15 min read
Business Valuation Multiples Tennessee Owners Should Understand
Business valuation multiples are often treated as a shortcut to price, but in practice, they are only as reliable as the underlying business...
Joe Steigman is the Founder of Legacy Entrepreneurs, a boutique business brokerage and exit advisory firm focused on helping business owners maximize value and transition their companies with confidence. With a background that combines operational leadership, corporate consulting, finance, and entrepreneurship, Joe brings a practical, owner-focused perspective to business sales and acquisitions. Joe is a Certified Business Intermediary (CBI), a designation awarded by the International Business Brokers Association (IBBA) to professionals who demonstrate advanced expertise in business brokerage, valuation, and transaction management. He is also a member of the IBBA and holds the Financial Modeling & Valuation Analyst (FMVA) certification from the Corporate Finance Institute (CFI), reflecting his strong analytical and financial modeling capabilities. Prior to founding Legacy Entrepreneurs, Joe served as a logistics officer in the U.S. Army and later worked in consulting roles supporting Fortune 100 organizations. He also owned and operated a delivery business, giving him firsthand experience with the challenges and opportunities business owners face every day. Joe earned his MBA from the UNC Kenan-Flagler Business School and holds a bachelor’s degree from The George Washington University. Through Legacy Entrepreneurs, Joe works closely with founders and privately held businesses on valuations, exit planning, acquisitions, and successful ownership transitions, with a focus on preserving legacy while maximizing enterprise value.
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