There are many agencies and companies who offer business valuation services, but it’s only the most reliable that provide thorough, “real world” value for a business. This means that the agency performing the good business valuation will require all current financial documentation to get a true picture of business performance.
What Sets a Good Business Valuation Apart?
An accurate income stream and performance picture is required to create a valid business valuation that will offer a business owner, bank, or potential buyer a realistic understanding of the true worth of the business. Many valuations are performed using only assets and related performance, but a good business valuation also looks at present performance plus current trends as project inputs.
There should be zero guesswork in a good and thorough business valuation, it should require complete disclosure and provide an accurate and realistic financial picture of a business.