You can use business valuation whenever you need to know what a business is worth.
Valuation is a way to measure your business value. And this measure depends on the business’ ability to produce economic benefits for its owners.
It also depends on the risk of owning the business.
You may need valuation to set an asking price for a business sale, construct an offer to buy a business, get a bank loan, write a buy-sell agreement or to settle a disagreement with a partner.
It is one thing to determine the value of a business that you expect to continue operating or not.
The business worth picture will look quite different if the business is to be closed and its assets sold.
Therefore, it is very important to know the exact scope and situation of the valuation to be prepared.
If you need a business valuation, please don’t hesitate to contact us.