
Business valuation of privately held companies
To maximize the value of the business the valuation should be well planned and executed. The reasons for business valuations are plenty but a short list includes:
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Your bank requires it if you’d like to reinvest in your business.
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A buyer has presented you with an offer and perhaps their own valuation.
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Your business is your retirement plan. If you don’t know the value of your business, it’s difficult to determine your retirement income.
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Estate planning. Knowing the value of your business will assist you in decisions such as wills and life insurance designations.
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Baseline value knowledge for your growth strategy.
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Unforeseen and unplanned reasons such as a challenge in court.
Acela Business Brokerage will partner with you to prepare a thorough valuation that will assist in your business decisions.