
Opinion of Value
"What is my business worth?" This is typically the first question that owners ask us. When selling a business, it's critical to get the asking price right. Set it too high and you won't get any buyer interest. So when you set a price for your business, make sure that every penny of company value has been accounted for, while also remaining realistic.
Unfortunately, setting the right asking price for your business is not easy. To determine a price that is fair to you, while still enticing potential buyers, most sellers will want to leverage the expertise of a professional business broker. Business brokers will look at value in a number of different ways. Below are the 3 methods used most often to determine value.
How the valuation methods compare...
The value of the tangible assets of your business gives you an approximate "liquidation" value. Earnings and other valuation multiples give you a sense for the market and a ballpark estimate for the value of your business, both of which are helpful in making the decision to sell and building your comfort with that decision. At the end of the day, however, you will want to employ the income-based approach to really understand the value of your business to a prospective buyer. To do that, most sellers will want to employ the services of a professional business broker.
Not ready to sell your business yet?
Maybe you are planning to retire or moving out of the area, but aren't ready to sell your business just yet. That's OK! We can still help with giving you a free, no-obligation opinion of value. That way, when you are ready, you will have a good idea of what it's worth and where to start. We will be here to help when the time is right!

How much is it worth...
Let us help you with our free 'opinion of value'. Contact us today to find out what it's worth...