How Do I Find Out What My Business Is Truly Worth?
The unfortunate reality is that business owners and other non-professionals can get a company’s value wrong. Shareholders are liable to greatly oversell or undersell the actual number. In some cases, this is due to an honest mistake; in other situations, however, this may be purposeful. Additionally, the time-sensitive nature of such important business decisions can cause owners to make an impulsive, ill-informed choice. This is why many company owners turn to professional CPAs to provide them with the best possible information to make decisions.
Our accountants have years of experience conducting business valuations. We understand the process from top to bottom. Our CPAs compare the business to similar businesses in the same sector and location. We analyze the company’s financial records and statements in depth to understand the business’ true worth. In the event of a legal dispute, such as a divorce, our accountants can back up our findings in court and leverage our connections to leading lawyers.
What Are The Common Methods Of Business Valuation?
There are numerous business valuation methods that can help determine the worth of your company. Below are some of the more common methods of valuation.