A business valuation should not only be considered for retirement or succession planning purposes. A business valuation can also be the mechanism to identify additional value within a business and help uncover what is required to strengthen your business and ensure its long-term success.
While business owners often have their own opinion of what their businesses are worth, that might differ substantially to what the market says.
Perks calculates the true value of a business using a method specific to the industry. We will assist you to maximise the value of your business, plus help you become more attuned to considering the factors in the timing and negotiation of selling or buying a business.
At Perks we undertake business valuations for a range of reasons; some of the most common are detailed below:
- Succession planning or ownership change
- Legal or family law matters
- Sale or acquisition of a business
- Insurance requirements
Key benefits of having a business valuation include:
- Accountability and performance
- Estate planning purposes
- Buy-sell agreements
- Promotes effective communication
- Facilitate banking
- Expands investment opportunities
To speak to one of our Business Advisory specialists contact us today