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Every smart business person knows the importance of being able
to present a fair and accurate accounting of the value of his
business.
It is particularly important when attempting to sell a business.
This valuation document is the single most useful piece of financial
information about any business. It has many purposes and can be
used to:
To know why it's so important to have a
valuation, you must understand that the book value reflected on
the financial statements of a business usually differs vastly
from its true market value.
Without a new valuation, a business owner must
be prepared to defend his opinion of value. For instance, any
potential buyer will place little credibility in a value arrived
at by an owner's accountant. Therefore, a properly prepared valuation
report by a valuation expert would become the best tool
available
to obtain maximum selling price.
When you work with a VR Intermediary to create
a valuation report, the goal is a simple one, the creation of
an accurate and comprehensive document that will stand up to scrutiny.
For larger businesses, VR has established relationships
in place with accredited firms whose valuations are accepted by
95% of all SBA lenders in the country. Using third-party valuations
make purchase price a small part of negotiations and puts the
emphasis on agreements to other terms and conditions of the transaction.
VR sells 86% of all businesses that agree to a third-party, independent
valuation.
VR's depth of experience, coupled with a vast
knowledge of valuation, will result in an expert opinion of
value
delivered in a responsive, timely and efficient manner. VR has
valued and sold virtually every type of business.
In one year alone, our Network of International
Business Intermediaries participated in the sale of businesses
with a total value of approximately half a billion dollars. This
wide range of experience provides VR with an unparalleled proprietary
knowledge of real market values and emerging market trends, all
available in a private computerized data bank accessed only by
VR Intermediaries.
Contact
us for more information.
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