Business owners frequently ask themselves and their trusted advisers if they need to spend money on a preliminary and independent business valuation as part of their exit strategy and whether it is a worthwhile investment. The answer is a resounding yes. Business Exit Planning It is critical to understand a business’ value. The prospective five-year […]
Business Valuation Blogs
Business Exit Strategy Steps
What are the processes and strategies involved in selling a business? A certified business valuation performed by a member of the Business Appraisal Florida team is an important component of the strategy implementation process, but it is just one of several steps. Here’s a business exit strategy checklist from our sister company, Bankers Advocate, for […]
4 Questions To Ask When Buying a Business For or Selling Your Company to Your Children
Everyone wants to help their children succeed. Many believe the best path for them is the same path they chose-Entrepreneurship. Before you help your children buy or start a business let’s look at some caveats:
Why Take Advantage of Third Party Business Appraisal Before Going To Market? 9 Things You Must Consider
It is important for business owners to make good use of a professional valuation service, particularly if he or she plans to sell his or her company. If you don’t want to risk losing money by undervaluing your business or pushing away prospective customers because of an overvalued price, then it’s critical to value it […]
Disaster Planning Made Easy
“I have worked with Bart Basi on transactions for over ten years and I wanted to share his latest article. Disasters come in many ways. If you or your partner dies, gets divorced or becomes disabled; A proper Buy-Sell-Operating Agreement referencing a business appraisal is a must.” Chris Curtin
The Difference Between a Business Valuation, Business Evaluation, and a Business Appraisal
The distinction between valuation and evaluation as nouns is that valuation is an estimate of an object’s worth, while evaluation is an appraisal, such as an annual staff performance analysis used to justify a pay raise or promotion, or a description of a specific event. A business evaluation is a term used by management consultants […]