Common Ground Business Valuations

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Common Ground Business Valuations

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Frequently Asked Questions

When should I contact an business valuation expert?

You should contact a business valuation expert if you are thinking about selling your business or if you are planning to sell the business within the next few years.  Planning ahead can help you maximize the value of the business.  

Business Appraisals vs. Business Indication of Value?

 A formal business appraisal is a highly detailed and formalized process for determining the value for a business.  It is generally much more expensive than an Indication of Value.  An Indication of Value utilizes many of the steps as a formal appraisal but is less detailed and takes less time to complete. 

How can I know which valuation is right for me?

An Indication of Value is what most business sellers and buyers need to determine a reasonable sales price for a business.  A formal appraisal, however, will be required for bank financing and in the event of litigation such as partnership splits, divorce, etc.

Tips on maximizing the value of your business!

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