Knowing the Present Value of Your Company
As you begin to prepare your business for sale, knowing your present value is a good starting place. You want to have a clear idea of what you want your business to sell for and what the value of your business is now, so that you will know how much value to add through exit planning.
A business valuation is important for buy-sell agreements, but the primary reason you want a business valuation is to know the value of your sweat equity. Is your hard work increasing your net worth, or are you falling behind?
You should have a professional to establish the most probable selling price of your company. Otherwise you could leave significant dollars on the table when you sell your company. One of the certified business brokers with Empire Business Brokers can help you to know the value of your business.
When you work with Empire Business Brokers of Greenville-Spartanburg-Anderson, we will assist you in establishing a competitive market value for your company.