Businesses – particularly family businesses – often use real estate assets as part of their wealth generation strategy.
This may lead to situations where the business and real estate assets are interdependent, creating complexities when it comes time to exit and establish a fair market valuation.
Topics: Family business, Business Value, Selling your business, Buying a business, Starting a business, Advice, Valuations, cartoon
Ideally, a business will be set up for sale from the moment it begins operating.
After all, you never know when someone may approach you about buying your business, or when unforeseen circumstances may force you to sell.
A previous JPAbusiness client is a good example of why it pays to be prepared.
Topics: Selling your business, Exiting your business, Advice, Family business, cartoon, Business advisor
