Do You Know What Your Business is Worth?
The first step in preparing to sell your company is to understand what buyers are likely to pay for your most valuable asset. However, there’s no one perfect way to determine a business’s value, where each business varies. Determining your business’s worth can be easier said than done, this is where an experienced advisor is needed.
The larger percent of business owners neglect to calculate their business’s value. Your business’s value is incredibly important information for any owner to know. Going into a negotiation without a prior understanding of what your business is worth puts you in a position to lose money.
We recommend that companies of all sizes and industries have a valuation performed at least once every four years. Not only does this help business owners measure their return on investment, but it also allows owners to make strategic decisions to fuel further growth and decide when to sell. Even if you don’t want to sell your business, it’s a good idea to know what your business is worth with businesses being sold at historic rates
Knowing the value and maximizing the value of your business for sale is often very different. Put the expertise of Indiana Business Advisors to work for you. Let one of our certified business brokers help you unravel the complexities of defining the value of your business and provide you with the expert guidance you need to maximize the value of your business.