If you require a certified valuation for IRS, Estate Tax, Divorce, or Partnership Dispute, we work in partnership with one of the largest providers of certified business valuations and machinery & equipment appraisals.
However, these reports are much more cost effective than a certified valuation, and most people don’t need that robust of a report. Our valuation reports are a perfect tool for internal purposes to establish a benchmark for growth, to plan for the future, to negotiate with partners, and to determine whether you should consider selling or buying a business.
Business valuations are the first step in your exit planning process. To learn more about the process of valuing a business, read our blog post here.
Kevin and Valerie Brooks of Sunbelt Business Brokers of Western Colorado often host seminars about exit planning and valuing businesses. Here are 5 things you can learn by attending a Grand Junction Business Valuation seminar:
Recasting Financial Statements: This is the accepted method of adjusting or eliminating items on your financial statements that aren’t related to your day-to-day business, or ongoing business expenses.
Industry Rules of Thumb: These will relate to “rules of thumb” regarding the valuation of your business.
Sold Market Comparables: Are there other businesses, like yours, in the same market that have sold previously? Can you use the available information about their sale to help you determine the value of your own business?
And finally … we’ll discuss the top 5 things any business owner should do, RIGHT NOW, to maximize business value and prepare to exit a business in style.