Uncategorized
June 25, 2012
Thinking about selling your business this year? If so, one of the first steps to take before you do anything else is to get a business valuation from a trusted
appraisal professional. Business Valuation is a process and a set of procedures used to estimate the economic value of an owner’s interest in a business. The valuation is used by financial market participants to determine the price they are willing to pay, or receive, to perfect a sale of a business. You need to know the value of your assets and/or business in the marketplace to help to ensure that you make the right decisions for you and your business.
There are basically five ways to leave or exit your business:
- Transferring ownership
of your business to your children or other family
- Selling your business to all of your employees, to the management team, or your co-owner(s)
- Selling your business to an outside third party
- Selling a portion of your business to an outside investor
- Conducting an orderly liquidation, during which the assets of your business are sold or auctioned off
Each of these business exit options can be complicated and time consuming, and a business valuation gives you, as a business owner, a clear reference point to help you determine whether the price you hope to get for a business is reasonable and/or achievable.
If you’re a business owner and thinking about selling your business, whether it’s because you’re looking to retire or move on to your next business venture, before you take any step you should think about getting a business valuation – because you need to know the value of your business in the marketplace in order to make sound, informed decisions.
To learn more about EquipNet’s business valuation services, please visit our Valuations page, or contact us for more information.
Categorias: Uncategorized
