If asked the value of a business, for most owners the answer is, “it is priceless”. But a number of situations require a more practical response, from estate planning to merger negotiations to marriage dissolution and more. If you find that you need this service, you don’t want any guesswork involved. While business valuation is not an exact science, there are some methods that yield a more fair and accurate assessment than others.
There are four most commonly employed to determine the value: