Placing an accurate value on a small business is a tricky affair. But it's also an exercise that may be necessary for a variety of reasons. Valuations (or appraisals) are a must, of course, for anyone buying or selling a business.
But they are also vital for partnership deals such as yours, as well as buy/sell agreements, family business succession planning, personal and estate planning and situations where you need bank or other financing. Other reasons you might need a valuation include divorce, spin-offs, liquidation and business disputes.
The best contacts and resources to help you get it done
Locate a valuation expert quickly and easily online
Certified valuation analysts can help.
I recommend: The
National Association of Certified Valuation Analysts (NACVA) offers a free service online to help you
find a business valuation expert in your area. NACVA provides training, certification and support for professional valuators nationwide.
Look to national sources for business valuation needs
No matter the need -- business acquisition, divorce settlement, partnership dispute, or IRS audit -- the right valuation firm can provide a smooth, professionally handled business valuation that holds up under legal scrutiny.
I recommend: Nationwide Valuations offers a variety of valuation levels for small business, depending on your needs.
Arrow Business Appraisers specializes in valuations for small, privately-held businesses of all types, nationwide, from auto repair shops, construction firms and delicatessens, to movers, vet clinics and Web hosts.
Halas & Associates offers a computer modeled small business valuation system based on hard numbers. The Halas method does not include subjective items such as reputation or market presence.
Try a do-it-yourself valuation solution
Value Any Business offers Do-It-Yourself Business Valuation Manuals designed for specific business types, such as flower shops, restaurants, spas, daycare centers, clothing stores, bakeries, beauty salons and others. The manuals help give you the expertise you'll need when explaining a business' value to a buyer, seller, banker, investor or client.
I recommend: Discover details of the
Value Any Business manuals.
Get it done with valuation software
Dedicated valuation software can help you put an approximate value on your business.
I recommend: PriceYourBusiness.com offers simple small business valuation software you can access online.Results are quick and available anytime. Other valuation software packages include:
BizPricer;
Express Business Valuation and
Corporate Valuation.