Why Do You Need A Valuation?
An accurate valuation of a business provides the seller with indispensible knowledge to get the best and highest possible selling price and instills confidence in the negotiating process. For a buyer, an accurate valuation lays a foundation of trust during all phases of the transaction because he (or she) is can plainly see exactly what the investment is worth. Most experts advise a complete valuation of all the factors which impact the value of your business, especially if you are contemplating selling.
THE FACTORS A VALUATION ADDRESSES:
- Competitive Advantages
- Trade Secrets
- Computer Databases
- Past and current contracts
- Advanced Technology
- Skilled Employees
- Excess Owner Expenses
- Name Recognition
WHO NEEDS A VALUATION?
- Partnership Dissolution
- Any business seeking financing
- Couples in the process of divorcing
- All parties involved in a Merger
- Anyone contemplating an acquisition