How Do I Get a Business Valuation?

by 21st of March, 2019

It is important to obtain a realistic valuation for your business. The documents you collected on our Document Checklist are vital for this process. A valuation will ensure you are marketing your business at the right price and give you confidence when negotiating with potential buyers.

Valuing a business can be a difficult process and its important you obtain professional advice. There are calculation methods available but every business is different, so we stress the importance of seeking professional advice.

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The three most common ways to obtain a valuation:

  • Business Valuer.
  • Accountant.
  • Business Brokers.

These professionals will review the information about your business and come up with a figure they believe your business is worth. This is a valuation based on the financial figures of your business, but they may also consider other factors such as goodwill, market conditions, potential, trademarks etc.

If you receive a professional valuation this can also assist the buyer in obtaining a loan from the bank.

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