By definition, a business valuation is the process taken to establish a value for an entire or partial interest in a closely held business or professional practice, taking into account both quantitative and qualitative factors associated with the specific business being valued. This process is considered both an art and a science as numerous tangible and intangible factors ultimately effect the value of a business.
This answer depends on a culmination of economic factors, the premise and standard of value selected, valuation methodologies applied, interest being valued, and purpose of the valuation, to name a few.
Sun Business Valuations specializes in performing professional, confidential business appraisals for privately held businesses. We are business appraisal specialists, which means we have the resources, credentials and skills to produce the best appraisal to meet your needs; and we also have the economies of scale to save you money. When you hire Sun Business Valuations you are assured of the highest quality appraisal at a much lower cost. We are able to charge less-up to 50% less compared to a full service accounting firm-because we are specialists. Appraisals are all we do so we do them better. We perform hundreds of business appraisals each year -but each of them is customized to your individual business. We never use appraisal templates or boilerplate reports.
If you need an up-to-date appraisal for your business please call Sun Business Valuations to request a free telephone review. An experienced business appraiser will be glad to answer all your questions and explain how convenient, confidential and affordable it is to have Sun Business Valuations prepare an appraisal for your business.