Top Four Reasons to Understand Your Business Valuation

Top Four Reasons to Understand Your Business Valuation

Did you know that understanding the value of your business is important information??

We recommend that companies of all sizes and industries have a valuation performed at least once every four years. Not only does this help you, as a business owner, measure your return on investment, but it also allows you to make strategic decisions to fuel further growth and decide when to sell.

Even if you don’t want to sell your business, it’s a good idea to know what your business is worth with businesses being sold at historic rates.

Top Four Reasons to Understand Your Business Valuation?

  • Better Sale Value – 82% of all businesses owners that knew their value at least 18 months before their sale increased their sale price by at least 14%
  • Business Funding – Knowing the value of your business can improve your ability to receive funding at good terms from your bank
  • Succession Plan/Retirement Success – Knowing the value of what is probably your biggest asset is essential for successful, accurate succession and retirement planning
  • Business Growth Driver – You can’t grow what you don’t know. 98% of business owners simply do not know the value of their business. This handicaps their ability to successfully measure their firm’s growth and trajectory.

Knowing the value and maximizing the value of your business for sale is often very different. Put the expertise of TP4 Advisors to work for you.

Join us on Wednesday, November 29th at 11:30am to Understanding and Increasing the Value of Your Business.?

This is an exclusive event that will equip you with the knowledge and strategies to help you understand and increase the potential of your business.

Register now at: https://bit.ly/3tRWaAQ

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