One of the most important aspects of the sales process is the valuation of your business. Setting the price too high can discourage potential buyers, while pricing too low can discredit the work that you have done to build a successful business. Each business is unique and all aspects of the business must be carefully considered when estimating value.
As a part of our initial consultation, we will meet with you to review the facts that will help you determine a price that is optimal to you while being attractive to potential buyers. We consider the assets and earning power of your business, among other important factors, including:
- Length & Terms of Lease
- Condition & Quality of Assets
- Potential for Future Growth
- Name Recognition
- Business History
- Gross Sales
- Sale Price of Comparable Businesses
- Whether or Not the Business is Being Run Absentee or by an Owner/Operator
If you are considering selling your business, learning the value is an important first step. Contact us to get your Free Valuation to find out what your company is really worth.