Wednesday, April 6, 2011
Small Business Buying or Selling Term - 'VALUATION'
Valuation is the process of appraising the worth/value of property according to some recognised criteria .
A Business Valuation is often sourced from a Business Broker but this is not the only option and can be a costly exercise, however necessary.
Whether you have engaged a business broker or not, it is always wise to have the business valuation calculated by a third party.
By keeping this critical element at arm's length, you will never have to second guess the motivations of your business broker
If you do not wish to engage a business broker, you have an accurate alternative with the business valuation software tool.
Labels:
business valuation,
small business buying
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