Business owners often seek a business valuation after being prompted to do so by a 'significant event’, for example:
- a family break-up
- retirement
- need for business restructuring
- bank lending requirement
- purchase offer
- bringing in a new shareholder or partner, and so on.
In this video I explain how valuation can actually be used as an ongoing management tool, adding value while you’re running the business and also potentially boosting value on exit.
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If you are interested in seeking a market appraisal or valuation for your business, or for a business you’re considering purchasing, contact the team at JPAbusiness on 02 6360 0360 for a confidential, obligation-free discussion.
James Price has over 30 years' experience in providing strategic, commercial and financial advice to Australian and international business clients. James' blogs provide business advice for aspiring and current small to mid-sized business owners, operators and managers.