What an accurate evaluation can do for a company’s strategy
Selling Enlisting the services of consultants who are not only reputable but recognised experts is a crucial component.
MOST small businesses owners know their companies inside-out. However, they often overlook one critical fact – the actual value of the company. They review it only when there is an immediate need such as raising capital, when the business is in the process of being sold or when one of the shareholders is being bought out. There are, however, significant strategic benefits in having an accurate valuation on hand throughout the life cycle of the business.
Here are some reasons for valuing on a regular basis: to have up-to-date information to help in the negotiation process.