3 min read. Before engaging a valuation firm to carry out a business valuation, there are several important issues a business owner needs to consider to ensure they’ll receive a value opinion that is most relevant and accurate for their case. 1. Determine the purpose of your business valuation. This is important as it dictates which of several different “standards of value” are appropriate. Fair Market Value (FMV) is the most common approach. FMV is determined based on several important assumptions including “a highest price” transacted by a “willing buyer and willing seller” with access to the same information about […]
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