- July 25, 2022
- Posted by: Manuels Effe
- Categories: Competitive research, Insight
About Business valuation
Business valuation can be used to determine the fair value of a business for a variety of reasons, including sale value, establishing partner ownership, taxation, and even divorce proceedings.
More about Business valuation?
Business valuation is a general process of determining the economic value of a whole business or company unit. For a plethora of purposes, such as sale price, taxation, and even divorce proceedings, a business valuation can be used to determine the fair value of a business. For an impartial assessment of the value of the company they own, owners frequently turn to qualified business evaluators.
Why do you need a business valuation?
- To inform decision making
In order to choose the best short- and long-term strategies, an owner might ask for a business evaluation. A business or personal life turning point for an owner might require the information. An appraisal is a significant investment that should not be taken lightly.
- Exist strategy planning / Selling a Business:
An appraisal can help you decide intelligently whether to sell and what a reasonable asking price for a potential buyer might be. This depends on how much your business is worth when you put it on the market and what considerations should be made when making a purchase.
- Transaction planning
How much should an investor put down to purchase a stake in your business? Depending on how much the business is worth. Depending on the market value of the company, value can be determined using specific key metrics (such as a multiple of earnings) or an appraisal.
- Strategize for Future Acquisitions
A business valuation reveals your current position and the growth potential of your organization. Make the necessary adjustments to get ready for meetings with lenders, grow your career, and make sure your business is headed in the right direction.
- Understanding Potential for Growth
Using the information from a business appraisal, you may develop more informed financial goals, business strategies, and marketing objectives. You can determine your company’s potential for development and innovation by using annual business valuations.
SSAC Advisory and professionals offer this advisory service to clients. Our valuations are performed by professional appraisers who are experts in all related aspects of business valuations and business transfers. Our team includes chartered surveyors, professional valuers, engineers, economists, and accountants who comply with the best international practice standard. In addition, we use cutting-edge software that further enhances our competitive edge.