Why Is a Business Valuation necessary?
Because ownership interests in privately held companies often represent a significant portion of one’s estate and/or portfolio. The value, or worth, of an interest in a privately held company, as opposed to stock in a public company, is usually unknown because there is no active market to sell or trade that interest from which to ascertain or approximate value.
What is the value of your business?
Many business owners believe the value of their business is net profit, or gross sales, multiplied by some industry rule of thumb. It’s not. In fact, using an industry rule of thumb formula often results in a value determination that differs greatly from the actual value that could be determined by a qualified business valuation professional.
Things you need to know about Business Valuations
Importance of industry standards
The business valuation industry provides standards for the performance and communication of its services, to:
How can you maximize the value of a business?
Many individuals find the best investment they have ever made has been a business they started and owned, probably because of the amount of influence they’ve have over its management. Unlike investing in public company stocks or real estate, an owner of a privately held company can control many of the factors that enhance value, including how hard and much he or she is willing to work at building the business.
How We Can Be Of Service
We provide a full range of appraisal services from a Basic Letter Appraisal to a CALCULATION REPORT to a CERTIFIED BUSINESS APPRAISAL. There is a fixed fee for each level of service. To better assess your needs, we offer a free one-half hour consultation to review your particular assignment.