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3 Reasons You Need a Business Valuation Before Listing Your Franchise

business valuation

Even if you aren’t looking to sell your franchise anytime soon, a yearly business valuation can provide documentation on record of your business’s growth.

Atlantic Business Brokerage provides business owners with a selling price evaluation free of charge. As a franchise owner, a business valuation provides factual information regarding your business’s prospective overall market value and a total valuation of your combined assets. This is particularly critical for franchise owners looking to place their franchise on the market who haven’t had a valuation performed of their business within the last year. Even if you aren’t looking to sell your franchise anytime soon, a yearly business valuation can provide documentation on record of your business’s growth. 

Accurate Business Valuations Provide Insight 

By having an accurate business valuation performed by Atlantic Business Brokerage, your company can obtain the insight needed to determine your potential net worth. A business valuation considers your income assets, asset values, market competition, and even more. Since an estimate is solely based upon a generalization, a business valuation can provide your franchise business with factual information regarding your net worth. This includes how much you can potentially sell your franchise to make the highest possible profit. 

Obtain Your Franchises’ Resale Value

One of the most important reasons you need to consider getting yearly business valuations before listing your franchise is to obtain your franchise’s resale value accurately. In addition to obtaining your franchises’ resale value, yearly documentation of your franchises’ continued growth can also potentially increase your overall market value compared to your competitors. This can help you negotiate a higher selling point by bringing forth accurate statistics backed by valuations performed by Atlantic Business Brokerage.

Know Your Final Valuation 

As a franchise owner, there are three elements that’ll ultimately determine your business’s final valuation. This includes your hard assets based upon your record-keeping, the number of sales you perform yearly compared to franchises within the same industry, and an estimated value of the future worth of your franchise. These three elements will provide your franchise with its final valuation number, which can change annually. Contact Atlantic Business Brokerage today for a free valuation of your franchise!

Sell With Atlantic Business Brokerage, Inc.

At Atlantic Business Brokerage, our mission is quite simple; we help sellers sell businesses, and buyers buy businesses! Over the past 30 years, ABBI has facilitated the sale of countless commercial properties, businesses, and franchised locations. With our unparalleled knowledge of the business purchase and sale industry and our network of contacts, we offer services to both buyers and sellers that no other brokerage firm can match. Contact us to discuss your business buying and selling goals today at 410-561-9800 or Toll-Free at 800-279-7569. Email us at [email protected], and follow us online on Facebook and LinkedIn

 

This entry was posted on Friday, May 14th, 2021 at . Both comments and pings are currently closed.