Business Valuation Services, LLC
Operating a business normally requires knowing the company's value from time to time. If you have not done the company valuation as of yet, it is advisable to have it done soon.
There are many reasons why a business owner or individual may need to know the value of a business. Following are some standard (typical) reasons; however, this list is not intended to be all inclusive.
- Seller of a business
- Buyer of a business
- Occurrence of a life-changing event
- To set a general basis of value when no valuation has been previously performed, or existing valuation is outdated
- Financing requirements
- Estate considerations
- Marital issues
- To determine if the business is growing, stagnant, or declining
- Merger, Acquisition, and Investors
A business valuation is a complex financial analysis. Business owners that seek a tertiary, low-cost business valuation may be missing out on important benefits of a comprehensive analysis.
Business valuation has been referred to as a 'subjective science'. Each individual has their own definition and considerations as to the interpretation of value. There is no absolute - one way or right way - to establish what a business is worth.
Steve has 38 years of banking experience. Most recently, Senior Vice President of Business Banking. He has a well-established background in credit administration and financial analysis.
There is an old saying, "Value is calculated; price is negotiated."