Summit Business Brokers of Michigan
20 W. Washington St., Suite 10
Clarkston, MI 48346 summitbb@yahoo.com
We help you with Valuations!
You've worked hard at building your business to the level that it is currently at, and you have a rough idea of what it's worth, but how do you know that for sure? Many people think that they only need to know the value of a business when they are either buying or selling one.
We all know that is true, but we may not know that there are countless other times that you may want to have the value of your business independently validated. Here are some examples:
Establishing credit lines with your financial institution
Supporting loan applications
Modifying the ownership structure of your business
Using your business as collateral
A key part of a divorce proceeding
Involvement in a lawsuit
You just want to know!!!!!!!
Summit provides a detailed valuation report on your business that includes many aspects, including: Your past business performance; A projection of your business' future; Composite data that indicates your industry averages; Total cash flow and free cash flow calculations; Comparisons to other businesses like yours that recently sold, and much more. Having a proper valuation can save you thousands of dollars if you're faced with any of the situations mentioned above.
