Business valuation is part science and part art. The science part comes in three disciplines: asset, income and market comparables. VR Business Brokers reviews these three approaches to determine the most applicable method to value your business. We consider recently sold businesses like yours to determine market comparables, we consider the cash flow that your business generates to check income valuation and finally review your asset base in the business. The art part of valuation requires VR Business Brokers understanding and experience in the market today. Our skilled professionals study market trends, and our constant contact with buyers helps us understand what kinds of businesses are in demand, and those that aren’t. We also consider the ease or difficulty of financing and its impact on pricing a business for sale. Then we make our pricing recommendation to you.
If you have some time to plan for the sale of your business, there are things you can do to improve the value of that business. Contact your VR Business Broker professional to get your free copy of “10 Steps to Maximize the Value of Your Small Business”. It will provide some actions you can take that can improve the value of your business.
The only way to get our professional opinion of the value for your business is to contact us. If you’d like to know more about the details of business valuation, ask for our free publication “What is My Business Worth?” which may answer many of your technical questions.
When selling a business, your first step should be to contact VR Business Brokers.