If you’re in the market to buy a business or considering it in the future, conducting a thorough business valuation is crucial. Each situation is unique, so be sure to take your time and do your homework scrupulously.
To help you in this process, I found a helpful article from the Business Development Bank of Canada. It lays out the three steps to take to prepare for an acquisition: performing due diligence, evaluating assets and liabilities, and determining fair market value. To read the article, click here.
Business valuation can be complex, and can require choosing among a variety of valuation methods and a variety of appraisers. If you need help, I would be glad to provide assistance. You can reach me at 817-505-5453 or firstname.lastname@example.org.