A business valuation is an in-depth study of a specific business and related assets such as real estate. An opinion of value should be done by a professional who is trained in the transfer of business enterprises and has access to sold "comps" that are as similar as possible to the subject business. 

On the low end of the business sale spectrum is the "Going Out of Business Sale" where the tangible assets of the business are sold at auction for pennies on the dollar. On the opposite end of the spectrum a business may have buyers submitting competing offers. Business brokers have spent years learning how to value businesses based on sold comps, building a network of buyers and sellers, learning industry trends, and investing in continuing education. 

As a Certified Business Intermediate we offer business valuations that will give you an idea of the range of value of a "Most Probable Selling Price" for the sale of an intact business with tangible and intangible assets. 

In addition to finding the right broker, you will likely need to allow enough time for your business to be ready to sell and you may need to hire additional professionals such as a CPA and a business transaction attorney. Each professional plays a specific role in the process of the business sale. 

Selling a business is a complex process. A business valuation is a great first step in understanding what may be your most important and valuable asset. 

Give Thrive Acquisition a call today to ask about a business valuation or other questions you may have about selling your business.