25 min
What Is Business Valuation & When Do I Need It? First Business Bank Podcast
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- Entrepreneurship
The value of privately held businesses, whether a multi-generational manufacturing firm, a tech startup, or somewhere in between, changes every day. So why would you seek a professional business valuation? Determining the value of your business is useful for many situations, including creating a solid plan to track and increase value, working toward an exit strategy, creating incentive plans tied to increases in valuation, retirement planning, estate planning, selling the business, and more.
In this episode of The First Business Bank Podcast, business valuation experts share valuation approaches, common reasons business owners seek a valuation, preparation tips for the business valuation process, and qualities to look for in a business valuation partner.
The value of privately held businesses, whether a multi-generational manufacturing firm, a tech startup, or somewhere in between, changes every day. So why would you seek a professional business valuation? Determining the value of your business is useful for many situations, including creating a solid plan to track and increase value, working toward an exit strategy, creating incentive plans tied to increases in valuation, retirement planning, estate planning, selling the business, and more.
In this episode of The First Business Bank Podcast, business valuation experts share valuation approaches, common reasons business owners seek a valuation, preparation tips for the business valuation process, and qualities to look for in a business valuation partner.
25 min