The results of a thorough valuation of your company can have a significant influence on deciding your next strategic step. Small and medium businesses in particular have a lot to gain from the process as it often exposes previously unknown strengths and weaknesses. Sometimes, the results of a valuation can reveal areas in your business that are a lot more stable and profitable than you knew. Conversely, it may also highlight parts of the business that are falling short, and which were previously thought to be “flagship” contributors.
What are the benefits of a valuation?
- A valuation in the early stages of an organisation’s lifecycle can help the business owner to construct a roadmap to drive and increase value.
- A valuation can highlight which areas of the business are growth drivers.
- Independent valuations can be used as critical tools during merger and acquisition negotiations.
A valuation does not merely stop at the market value of your company and its assets. It takes diverse criteria into account and considers factors such as steady growth, prudent use of resources and long-term performance when compiling your report.
Valuations are an opportunity to show you and your executive committee the strengths and weaknesses of your company on many different levels. Palmer Business Concepts can provide practical advice on these findings so that you can continue to grow to the next level.