At Joe, the Business Broker, we utilize the services of leading national business valuation firms to provide company owners with accurate estimates of Fair Market Value. When establishing the valuation of a company we typically meet with the company owner for an hour off-premise, collect all marketing and operational information, recast the cash flow based on the tax returns of the past three years, and provide such information to one of the valuation firms.

Business appraisals (for smaller firms) and business valuations (for larger firms) are similar in their approach, however, the degree of detail provided for each company depends on the size of the respective operation.

Each business valuation firm’s database is built on thousands of business appraisals that have been completed for business owners, business brokers, financial consultants, and lending institutions. Placing the right value on your business is essential for an accurate business appraisal and comparative numbers are invaluable.