Valuations of businesses are a matter of opinion. A business is worth as much as a buyer is prepared to pay for it, and as much as a seller is prepared to sell it for.
A valuation will normally seek to measure the trust a market has in a business and in its ability to create wealth (the goodwill). A professional valuation should establish the fair market value a willing and informed buyer would purchase a company for in normal open market conditions.
The Family Business Place has teamed up with Avondale to provide an informative guide on the issues that need to be considered when considering the sale of the family business and the issues that need to be considered.
Download your guide today.