Business valuations provide an important tool in your ongoing operation. Put simply, a valuation provides an accurate view of the worth of your business. While it can provide a bottom line number, the benefit of such information is more far reaching.
In addition to estimating the selling price of a business, valuation tools are often used to resolve disputes related to estate and gift taxation, various forms of litigation, establishing a formula for estimating the value of partners’ ownership interest for buy/sell agreements, and many other business and legal purposes.
Business valuations provide an opportunity to learn the worth of the business, and to address critical business and planning issues. Dreggors, Rigsby & Teal can help you to know when it is time for a proper business valuation.