Do I have to get a valuation before selling my business? [video]
The simple answer is ‘no’, you don’t need a valuation to sell a business. However, in terms of...
A business valuation or market appraisal from JPAbusiness will provide you with a realistic view of a business’ fair market value. Regular business valuations can also be a powerful management tool.
When seeking advice on the value of your business, make sure the advice comes from someone with experience and knowledge in the market. They should also be independent in terms of their position in giving you that advice.
If the valuation is for the purposes of selling, then knowing the facts and being well informed as to your business’s potential value will provide decision support and help you go to market with confidence.
Alternatively, understanding the value drivers and other competitive dynamics may help you decide there are other options to extract value out of your business, so taking it to market may not be the best course of action.
JPAbusiness provides sworn business valuations for purposes including:
Our business valuations are conducted by an AAPI Certified Practising Valuer (Business).
“I believe it’s important to have impartial and independent advice around business value, because otherwise you’re just guessing. James’ particular strengths in this area are his broad knowledge and practical understanding.”
When valuing businesses for our clients, we don’t just provide a number. We provide a rationale for our valuation – based on our extensive research, industry knowledge and experience – and we clearly explain it.
Market appraisals are robust assessments of a business’s worth and fair market value.
Valuations are useful tools for optimising current business performance and focusing senior people on decisions that generate long-term value.