Your business may be priceless to you, but what it is worth on the market is more complex. VR Business Brokers located in Silicon Valley can perform a valuation for you as part of our services offered. To provide the most authoritative valuation for a business, a third party company that specializes in company valuation can be engaged through your VR Business Broker office. The VR office will interview you and collect the data that the third party requires to do the valuation. This information, along with your check to the third party, is sent in for processing, and the results will come back from 2-4 weeks later. You will sit down with your VR professional and review the results that came from the foundation for pricing your business for sale.
The benefit of this process, is that buyers tend to respect a third party that specializes in business valuations, and has no ongoing link to the transaction, allowing them to be impartial. Many sellers have found that the offered price is much closer to the asking price when based on a third party valuation. You should consider a third party valuation for your business. Your VR professional will be glad to review the process, time, costs and benefits with you.
When selling a business, your first step should be to contact VR Business Brokers.