Professional Business Valuation: Do You Need One?

business valuation is the process of determining a company’s economic value, as well as

Situations that may require a professional business valuation:

You might need a professional business valuation to estimate a selling price for a commercial property, resolve legal disputes related to an estate, to settle the terms of divorce, to liquidate assets for bankruptcy and for a host of other financial matters. Many elements must be considered before a company can provide a professional valuation, including economic conditions (locally, nationally and globally) as well as a financial analysis allowing for income, asset and market approaches. The more established your company becomes, you can count on receiving a call from a larger firm which has targeted your company for acquisition. In this scenario having a professional business valuation “in your pocket” can save you tens of thousands, if not hundreds of thousands of dollars, at the closing table.