Want to know how much your business is worth or if another business is worth the asking price? Having an objective, third-party valuation completed is the first step in entering productive negotiations to buy or sell a business.
Business valuation is an important part of any transaction that involves the buying or selling or a business. Most business owners have a good idea of what their business is worth but may have difficulty expressing or justifying that value to a prospective buyer. Similarly, anyone looking to buy a business will want to confirm that the asking price is reasonable and identify which aspects of the business have the greatest effect on it’s value and if they can be negotiated.
A Chartered Business Valuator can provide a fair market value for a business and identify its risks and weaknesses. This assessment provides both buyers and sellers solid support for the value of a business, thereby leading to productive discussions and negotiations throughout the transaction.
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