Business Valuations
What is the price a buyer may be willing to pay or a seller could expect for the sale of a business? Unlike publicly traded companies, owners of closely-held businesses do not have the ability to know their company's true value on a daily basis. A business valuation is an estimated value of an owner's interest in a company.
Contrary to popular belief, this is not an exact science – there is no simple formula to estblish value. The process for arriving at this value is a complex undertaking, which may be prompted by owner disputes, estate administration, mergers & acquisitions, buy/sell agreements – or maybe you just want to know. All too often, such situations are time sensitive and require prompt assessment to facilitate well-informed decisions.
By one estimate, we will see ten trillion dollars in private business value pass from baby boomers to a new generation in the next ten years. If you are in a position to buy or sell a business, start the process by consulting with an experienced valuation specialist.
