What Is My Business Worth?

Graduate Level classes at prestigious universities spend whole semesters determining what the value of a business is. But ultimately, the value is what a willing Purchaser will pay.  But how does a Seller know. These are generally private sales and so one can’t just go to city hall and see what one’s competitor sold his business for. And that is where the value of choosing a VR Business Broker comes in. We are out in the marketplace every day talking to buyers and sellers and actually seeing what business are selling and at what price. In addition, our professional training teaches us how to unlock the hidden potential of every company. Make no mistake, pricing in critical. If a business is priced to high, Purchasers will ignore the listing, price it too low and you have left money on the table.

One of the best ways to maximize the value of your listing is by purchasing an independent third party appraisal. This means that you receive a valuation conclusion from experienced appraisers who have a solid understanding of the market without being tied to the sale. A Purchasers team of lawyer, accountant, and banker readily accept these appraisals.