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Business Valuation: 3 Crucial Steps to Prepare to Buy a Business

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 jamesbartlett@b2bcfo.com.

photo credit: kenteegardin Graph With Stacks Of Coins via photopin (license)

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