July 25, 2017

Understanding Business Valuation

There are many reasons why a business owner would want to be able to set a determined value for the business. This is achieved through a process called business valuation. The individual procedures and prescribed processes that go into a business valuation are complex, but the following information can help you gain a general idea of what it involves. If you’re a small business owner, you don’t have to worry about conducting a business valuation, but it’s beneficial and reassuring to understand the basic outline of the process in the event that you would consider selling your business in the future or purchasing another business. The goal of a business valuation is to arrive at an estimate of the economic […]