What is My Business Worth?
It’s the most important financial question you can ask as a business owner. For private company owners, it’s also the most difficult to answer. Understanding the factors that determine the value of any business will pay tangible dividends by focusing you on ways to increase your firm’s short and long-run profitability. Moreover, if you choose to sell your business at some point in the future, this knowledge will assist you in positioning your company to receive the highest price. Therefore, there is no time like the present to begin to understand what a business valuation is, under what circumstances a valuation is customarily completed, and the critical issues to watch out for when events dictate that you undertake a business valuation.
Valuation expert Lori A. Enochs, CPA, has successfully completed the certification process with the National Association of Certified Valuators and Analysts™ (NACVA®) to earn the Certified Valuation Analyst® (CVA®) credential.
The CVA credential is granted only to qualified individuals with considerable professional experience in the field of business valuation.