What do I need to do to establish a value for the business? Business valuation can follow a large number of steps, depending on the complexity of the case and experience of the valuation professional.
At Summit Business Valuation Associates, LLC, five simple steps or tasks are followed.
Read MoreAt Summit Business Valuation Associates, LLC, three basic valuation methods are considered for the purpose of selling a company: the market-based, asset-based, and income-based approaches.
Read MoreIn business retirement, a business owner should consider a business succession plan sooner rather than later: the first reason is taxes, upon the owner's death, estate taxes may be due. The failure to properly plan can also lead to a loss of control over final disposition of the company.
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