Article Review: 4 Business Valuation Considerations for Owners | Axial

By Kari Lukovics, Axial | April 5, 2017

Key Takeaway:  Knowing the value of your business is important whether you are ready to sell now or five years down the road.

Other Takeaways:

1. As an owner you are an expert in managing your business; however, you may not understand everything that goes into a valuation.  Bringing in an objective view from an outside expert will give a more accurate value.
2. It is very important to disclose very minute details about the business because even things you believe are unimportant, such as the lease rate being above or below market rate, can have a large impact on the valuation.
3. Don't become emotional over differences in your opinion and the valuation.  Do your best to point out the strengths and weaknesses and accept the expert's opinion based on what you have provided.
4. Make sure your expert is experienced in valuations and understands valuation methodology.  Valuing a business is more than looking at comps.  It should also factor in financial and industry trends as well.

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For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at Eric@EdisonAvenue.com or 239.738.6227. Also, visit our Edison Avenue website at www.EdisonAvenue.com. To search for Florida Businesses for Sale: CLICK HERE