Selling or Handing Down Your Business?
You NEED to Know Its Value!
Business Valuation
Everyone who owns a business needs to place an accurate dollar value on it. Our business valuation gives you a thorough assessment. Getting one of our small business valuations done is vitally important if you're:
- Selling your business.
- Bequeathing your business to a family member.
- Looking for ways to increase the value of your business.
All valuations are done by a licensed, certified business broker using one of these appraisal methods:
1. Multiple of Discretionary Earnings Method: This type of business valuation is based on expenses the owner has control over such as his/her salary, benefits, and other discretionary items. These are added to the profits to arrive at a cash flow total. This discretionary cash flow is available to the prospective buyer to service acquisition debt and to pay himself/herself a salary.
2. Excess Earnings Method: This type of business asset appraisal is used to assess a company's tangible and intangible assets. Its main purpose is to place a value on a business's goodwill by blending the asset-based and income approach methods.
Contact us today to see what your business is worth!