Are you looking to cash in on your business investment in the near future? If so, you’ll definitely want the help of an
experienced commercial property brokerage like Kelowna Business Broker. With numerous years of experience in buying and selling businesses in Kelowna, we can help you with your business valuations.
You need experts in business valuation to help you determine the true worth of your business. After all, there are many factors to consider when it comes to evaluating how much your business is worth. Failing to take those factors into account can actually cause you to sell your business at a loss. Fortunately, you can avoid such scenarios when you work with us.
How We Do It:
We use three main approaches. These include:
- Asset Approach— We compare your business assets and liabilities to determine if your business is worth purchasing. As you may have guessed, properties with more liabilities than assets tend to be harder to attract interested buyers.
- Market Approach— We take into account the target market of your business to see if your business has a large-enough market to sustain the profitability of your business. This is important because prospective buyers would like to be assured that the business is able to attract customers.
- Income Approach—We compute the income your business is expected to generate within a given projected time to determine the value of your business.
The income your business is expected to produce within a given projected time will reveal the value of your business. Our team can either divide your expected earning by a favorable capitalization rate or discounting your business cash flow to arrive at a reliable business value.
We’re Here to Help
Whichever method we use, we can guarantee the accuracy of the results of our evaluation. This is to help you make informed decisions regarding your business.
In the event that you are not happy with the value of your business, we can provide you with tips and advice on how to increase its value. We can also help you identify and eliminate any risks that may be dragging down the value of your business.
If you require business valuation services, please don’t hesitate to call us! You may also request a valuation appointment by filling out the contact form below. We look forward to hearing from you.