Importance of Business Valuation

Understanding the value of your business is crucial when planning an exit. A proper valuation helps you set realistic expectations and negotiate effectively with potential buyers.

Methods of Valuation

• Asset-Based Valuation: Calculating the value based on the company's assets.
• Income Approach: Estimating value based on expected future earnings.
• Market Comparison: Comparing your business to similar businesses that have recently sold.

Engaging a professional appraiser can provide an objective assessment and help you avoid common pitfalls.