Business appraisals

DON't SELL YOURSELF SHORT.

 

Appraisals should be performed at regular intervals to help monitor your business. 

moving forward

Know Your Worth.

qualified appraiser can determine the fair market value of your business. This is critical to the marketing of a business. It will help educate and inform potential buyers as well as providing the lending institution the necessary information to fund the closing.

A proper appraisal will arrive at a value to allow the Buyer to pay expenses, earn a reasonable living, and pay off the business in a reasonable period of time.

Combining Practices

An appraisal is critical if businesses are to be merged. It is impossible to create any idea of ownership in the new business if you don’t know what they were worth individually.

Retirement Sale

Having a formal agreement can aid in the desired exit strategy and succession of ownership under even the worst of situations. Appraisals are necessary to develop the ground work to a good plan.  

Estate Planning

An appraisal can help you to plan your estate with your advisers. Without this, no buy/sell agreement can be in place and marketing the business will be hindered. In the case of death or disability time is of the essence and huge losses to the business and your estate are inevitable unless the appraisal is in place.

CONFIDENTIAL CONSULTATION

1340 Shermer Rd. Suite 200
Northbrook, IL 60062

 

Phone: (224) 458-9388

 

ChicagolandBusinessBroker@gmail.com