At Transworld of Birmingham, MI, we have business valuation experts on staff to help you value your business. We can meet with you and discuss your business' worth value or we can be engaged to perform valuation reports. Our business valuation experts can help you value your Oakland, Macomb, Wayne, Monroe, or Washtenaw County business in Michigan.
There are several reasons to want to know the value of your company. Call us at (800) 205-7605 and ask for our valuation department. Below is an article written on business value by Andrew Cagnetta, 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 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.