Just as a homeowner needs an appraiser to value their home, a business valuation is essential in planning for and negotiating the sale of a business. Think of this as a “reality check” for the business owner. A valuation can help to set realistic price expectations. If someone is planning to buy a business, a valuation may protect him/her from paying more than the business is worth. Conversely, someone trying to sell a business interest will want to ensure a fair selling price. By engaging an independent valuation expert, both the buyer and seller can be sure that the business was valued fairly. For additional information about our Business Valuation services, contact David A. Storer, CPA/ABV, CVA, Tax Partner or Elizabeth B. (Beth) Grubb, CPA/ABV, CVA, CFP, Tax Partner.
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