Why should a biz owner consider an independent biz valuation

Why Should A Business Owner Consider An Independent Business Valuation

By bmazar on August 21, 2013

A Business Valuation is valuable in a sale or buyout of a business, estate planning, exit planning, tax planning, buy-out agreements, or divorce. However, the most important reason for a business valuation is the knowledge it yields. Once the owner and or their advisors know the market value of a business they will also learn how objective and subjective value drivers decrease or increase the value of a business. They are able to use this knowledge in successfully growing the value of their businesses. It s common that many business owners often leave substantial money on the table when they sell their businesses. The most common cause for this result is the fact the business had nothing in place to defend the asking price and or the value of their business. As a result the buyer and their advisors were able to discredit the asking price piece by piece as the seller stood by defenseless. If the business owner had independent business valuation report the outcome would have been succes
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