What is the value of your business? Why do you need to know? Having a current appraisal of your business’ worth can be beneficial when applying for credit like SBA loans, preparing for sale or merger, retirement and exit strategy planning or any number of other events. Having an accurate, unbiased picture of your business’ assets, opportunities and challenges can help you plan your direction, strategy and goals.
If the sale of your business is on the horizon, a valuation is necessary to establish price. That’s not all it does however. A comprehensive business valuation will help a business owner optimize the value when considering sales, mergers or joint ventures.
Legal disputes and events often require a current third party valuation based on specific criteria. Employee Stock Option Purchases (ESOPs), partnership dissolutions, and eminent domain issues all require a professional valuation.
Gift and estate tax planning provides for continuity of the business as well as helping to provide solvency. This planning cannot take place without a third party valuation. Other taxable events also require your business’ value be appraised
Without a third party valuation, raising capital is all but impossible. Lending institutions and investors alike will require disclosure of value of your business.
Professional, unbiased business valuations are an invaluable tool for business owners in a variety of situations; the sale of their business is only one of the many reasons for a valuation. Advantage Business Brokers will provide a clear, concise valuation so that you can best plan your business’ future.