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Business Valuation: What it is and Why You Need it

business valuation atlantic business brokerage

A business valuation is a financial snapshot of your business.

A business valuation is a financial evaluation of your business. Atlantic Business Brokerage offers a selling price business evaluation free of charge. The business valuation consists of combined assets and overall market value. This factual information is necessary to keep track of business growth and ensure your business is accurately valued. 

Check Under The Hood Of Your Franchise

Atlantic Business Brokerage advises a yearly business valuation to keep a solid record of your business over time. Knowing where you are experiencing a profit in your franchise can help you understand your business better. By having a record over time of your business, you can decide what products or services need to be upgraded or changed. If your business experiences a surplus of customers at a certain time of year, you can better prepare for the season. 

Know Your Resale Value

Selling a franchise can feel overwhelming, especially if you are looking for a buyer. At Atlantic Business Brokerage, we offer a selling point business valuation. Our years of experience with buying and selling franchises allow us to know what perks may increase your chances of finding a buyer. Not only is an accurate financial representation of your business necessary, but knowing what bargaining chips you can use in the negotiations is a huge bonus. A business valuation will tell you the market value of your business, including specific equipment. If your business is niche and uses special tools, leaving those pieces of equipment will increase your resale value.

Excellent Preparation For Opening A Line of Credit

As a franchise owner, you may know the value of your business financially and to your community. However, a business valuation is a financial snapshot of your business. You can use that snapshot to show banks how your business grows. A consistent record of your franchise’s business growth will ensure any lender can see for themselves the value of your business. If you already have a line of credit for your business, consider refinancing after a business valuation. Talk to our professionals if you are looking to invest in your business.

Buy and 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, September 3rd, 2021 at . Both comments and pings are currently closed.