Small business valuations can be helpful to the small business owner who needs an educated estimate of the market value of his or her business. This does not merely refer to the property value, but the entire operating business. Elements considered in making small business valuations will include available funds, assets, liabilities, established customer lists and intellectual property.
Why might small business valuations be needed?
A small company may request one if the owner is seeking to sell the business, merge with another company, acquire another business or settle a legal dispute, such as divorce or bankruptcy. A neutral thirty party will be called upon to make a professional small business valuation and will usually request an historical background, along with current financial records. If the owner applied online or by phone the valuation could be completed in a matter of days.