However, with many more businesses for sale and fewer buyers, smart business owners do not wait and see; they take control of their own future!
- What is my current business value?
- What is the value needed at time of sale?
- What are the shortfalls?
- How long will it take to bridge the gap?
- Can I afford to sell?
When you have most of your financial eggs in one basket, it's a good idea to keep an eye on that basket!
Astute business owners check the value of their business on a regular basis as part of their family wealth creation strategy and reduce any chance of what we call 'value gap' risk occurring.
If you want to grow the value of your business, Collins Hume can provide ongoing support in the form of our Business Valuation Service.
Working closely with you as your Value Improvement Business Advisers, we look at your whole business (not just the numbers).
At our disposal we also have valuation technology that identifies any business value gap and determines the true value of your business.
Our Business Value Gap Calculator determines the gap between what your business is worth today and what it needs to be at the time of sale.
We also cross-check our assessment against the largest and most accurate valuation benchmark data to validate our calculation.
Doing a Business Valuation shows you the true value of your business and can be easily updated to highlight changes over time.
Our valuation methodology clearly identifies all areas where improvements can be made. Our specialist business valuers work with you to increase profits, reduce any risk and improve the value of your business.
The key outcome is an accurate, cost-effective assessment of your business. To find out more, call us on 02 6686 3000 to start working with you and improving both the performance and value of your business.
Let Collins Hume partner with you to achieve greater business and lifestyle success as your trusted advisers. Call us in Ballina or Byron Bay on 02 6686 3000.