At Transworld Business Advisors of Birmingham, MI, our business valuation experts help you determine the value of your Detroit business. We will meet with you, discuss your business' value and assist to perform valuation reports. Our Michigan business valuation experts can help you value your Detroit, Oakland, Macomb, Wayne, Monroe, or Washtenaw County business.
There are several reasons you may want to know the value of your company. Call us at 248-590-1377 and ask to speak with one of our business valuation experts.
For our purposes, let's talk about fair market value. Essentially what a buyer would pay for your company in an open market.
Now, remember, this is a simplification of some very intricate valuation practices. There are valuation experts that specialize in providing very complicated reports as part of their business valuation services. Those reports are often used for IRS inquiries, legal proceedings, intricate financing and other reasons. A full valuation of a company could cost $10,000-$30,000. For small business sales, a valuation is usually not needed, and for the most part our simplified valuation methods are sufficient enough to determine your listing and approximate your eventual sale price.
There are three generally accepted approaches to valuing a Michigan company:
Schedule a complimentary consultation today and learn how we can help you value your business in Southeast Michigan, and why we are the #1 business brokerage.