Valuations from a Seller’s Standpoint
You might be surprised to find out how many business owners don’t consider the need for a professional business valuation, or appraisal, prior to listing their business for sale. But what if you are approached by someone who wants to buy your business and makes you an offer? Why do you need an appraisal at that point if though you’re inclined to accept the offer? The truth is you could be leaving tens or hundreds of thousands of dollars (or more) on the table without undergoing a professional business appraisal. Peter Agrapides, founder of Filotimo Capital Consultants, returns to talk about why an appraisal from a professional valuation consultant prior to selling your business is very important.