BUSINESS VALUATIONS |
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Uniquely Unqualified
People who own businesses are generally unqualified to see the value of their companies in an objective light. Its way too foolish to think that we can be objective about something so personal and financially important to us.. We have too much first hand information about the business and tend to answer questions about it before being asked.
![]() Ever do that?
One of the things that we incline to push to the back of our minds in the day to day need to run the business is the fact that we have an unseen partner out there, the taxman. The taxman has great interest in what we are doing and has his own opinion about the value of our business. Besides the taxman, any number of events trigger the need for a certified business valauation. Events such as exit planning, estate planning, expansion, business acquisitions, increased needs for additional credit lines and not the least of these, is the sale to a third party. Having an independent third party valuation on hand, periodically updated, is just good business. And its cost won't break the bank. And speaking of bankers have you given your banker an updated business valauation lately?
Are you ready to do the hard thing?
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