What Is My Business Worth?
Updated: Aug 20, 2019
How Much Is Your Business Worth?
When it comes to selling a business, the most important question you need to ask yourself is:
“How much is my business worth?”
There is no single method that can be used to precisely value every business. The seller will want to drive the price up, and buyers will want the opposite.
Although there are relatively easy ways to value certain parts of the business – such as stock, fixed assets (land, machinery, equipment etc.), there will very probably be a sizeable intangible element to the valuation of your business.
Intangible elements would include “goodwill” – this could include trademarks and the reputation of the company. Such assets are notoriously difficult to value, and in many cases will come down to how keen a potential buyer is to acquire the business in question.
A business is not only worth what historical accounting figures show, but the future potential of your business in question is also considered.
As a first step, why not request a non-obligation complimentary valuation of your business. This does not tie you into any agreement nor does it require you to proceed with any of our services.
The valuation will simply give you a better understanding of your business worth. It will also help you decide whether selling your business is the best thing to do at this present time or in the future.
You will need the following information readily available for us to provide you with a FREE, no-obligation valuation of your business:
The last 3 years statutory accounts (if you have not been trading this long then as far back as you can)
The latest management information (i.e. the Income Statement and Balance Sheet) for the current trading year.
We will in return provide you with:
A valuation based on common valuation methods such as EBITDA multiples
A comprehensive report with a valuation and how we got the figures
Suggestions on how you can enhance the value of your business
CLICK HERE to request a FREE business valuation today!