Unsure what your business is worth? Learn how to get a fair valuation…

By: A Staff Writer

Updated on: Oct 25, 2024

Valuation is complex. Founders often overestimate value due to emotional attachment, or underestimate it, lacking knowledge.

How to deal with the problem:

• Understand valuation methods: Market multiples, discounted cash flows, etc.
• Gather financial data: Clean profit and loss statements are essential.
• Consider getting professional help: Appraisers specialize in business valuation.

Knowing your business’s accurate value sets you up for successful negotiations.