ARE BUSINESS VALUATIONS REALLY NECESSARY?

When you suggest to your business owner clients that they secure a business valuation, you will likely hear one or more of the following, sometimes valid objections: cost, relevance, and timing. This white paper discusses several business valuation methods (and costs, if any) and explains why and when accurate valuations are essential.

When we suggest to our business owner clients that they secure a business valuation, we hear one or more of the following, sometimes-valid objections:

  • Cost: “Valuations are too expensive. They cost $15k or more.”
  • Relevance: “I already know what my business is worth.”
  • Timing: “I don’t need a valuation until I’m ready to sell.”

This white paper discusses several business valuation methods (and costs, if any) and explains why and when accurate valuations are essential.

When you finish reading this white paper, you will be better prepared to select the valuation method, if any, that is most appropriate to your situation.