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What is Your Business Worth? |
Many owners who make the
effort to determine what their company is worth undervalue
rather than overvalue it. It is not unusual for the owner of
an attractive business who is approached by a supplier, a
major customer or an industry consolidator, to have no idea if
he/she is “leaving money on the table”. Since your company is
possibly your most valuable investment, it is in your best
interest to know, not just guess. Those considering the sale
or purchase of a business normally conclude that a business
appraisal and/or a certified equipment/machinery appraisal is
a necessary first step before entering into marketing
activities or negotiating with a potential buyer.
Other situations that can
create the need for an independent business and/or equipment
appraisal include:
 | loan applications |
| family succession planning |
| estate planning, gifting, charitable
contributions |
| tax strategies |
| preparation for legal representation |
| originating or dissolving partnerships |
| industry standards comparisons |
| employee stock ownership plans (ESOPs) |
| divorce proceedings |
| benchmarking for growth strategies |
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Why settle for less? |
| If you
want to know that a contemplated sale can meet your
financial needs, the fair market value of a imminent
business purchase or just measure the progress you are
making toward your goal of building the value of your
business, I would welcome an opportunity to introduce you
to the most widely used and economical valuation services
in the industry. It doesn’t cost any more to get the best!
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