Do you know the true market value of your business? What would be your asking price if a buyer knocked on your door today?
Too often businesses use financial statements prepared for tax purposes as a starting point for determining value. Assets are written off rather than capitalized. Profits are minimized to reduce taxes. And tax allowances are taken to reduce asset or market value.
A professional valuation reflects the "Fair Market Value" of a business by recasting depreciated assets and cash flow in today's market. Placing the right value on your business is essential if you need to:
NCABB brokers recommend that all sellers, prospective or active,
complete an independent Business Valuation prior to listing their business
for sale. We use an independent, third party Valuation Firm who has
assisted business owners nationwide. The firm's database has been developed
over the years by analyzing thousands of valuations for business owners,
business brokers, financial consultants, and lending institutions.
A professional valuation can play a key role in helping you maximize the value of your business.