At Transworld, our business valuation experts can help you determine the value of your business. We can meet with you and discuss your business' worth for listing or we can be engaged to perform valuation reports as needed. Contact us to schedule a confidential and free consultation today to get started with a business broker, and find out what your business is worth.
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: