Amazingly, 75% of the world’s 200 million small businesses don’t know what they’re worth. In the opinion of the Small Business Association in India (where 30 million of those SMBs are located), this is one of the two most important challenges these companies and their owners face. So why do so few organization lack and fail to pursue this critical knowledge? For one thing, it was expensive. The average offline business valuation costs roughly $8,000. And what’s more, traditional valuations typically take many weeks, and potentially several months.
Years
Experience
To better understand your business and its potential
When you plan to sell your business
To know the value of your largest asset in order to properly plan your retirement
During Buy/Sell Agreements with business partners
In order to ensure that your business and your family are properly protected
When considering funding opportunities
To plan for the future of your business with a qualified succession plan
When you plan to buy a business
To prepare for taxable events such as gifting or grants