Business Valuations Can Help Sell Your Business
If you are planning to sell your business, having a third-party business valuation can help you in a number of ways:
• Establish a listing price that maximizes value to the business owner.
• Present the true economic value of the company.
• Assemble and package all the information necessary to support the established value of the business.
• Prevent “lost deals” caused by delays in researching the information required by the prospective buyer.
• Portray the business in the best light and a more professional manner.
• Provide the back-up documentation required for the seller or buyer to obtain financing.
• Allow the buyer to substantiate the value to his legal, accounting and professional advisors.
• Enable professional advisors to do a better job of structuring the transaction.
• Identify issues that need to be addressed in order to better position the business for future sale.
• Facilitate the tax and estate planning by the business owner.
• Sell the business faster – The International Business Brokers Association (IBBA) has indicated that businesses sell 35% faster when an investment is made in a business valuation.
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