Different Types of asset valuation services
Why do you need a Business Valuation Service?
Asset valuation may seem to be a complicated process; this is because most businesses believe the value is shown on balance sheets and income. But there are many assets that may increase the value of a business valuation. Some may be stocks or bonds, which are easy to value; savings accounts and investments also are generally easy to value. What about assets such as copyrights, real estate, and royalties? These are much more difficult to evaluate because they are often fluid.
In order to evaluate fluid assets, you must have a professional who specializes in this area. Sure, you can look at your balance sheet and your tax return to see what your business has spent and earned, but how many of those expenditures actually add to the value of your business as assets?
To find the current and accurate worth of your business assets it is important that you find a professional asset valuation service. Whether you need to know the value of your business to sell it, for budgeting and accounting practices, for taxes, or for an initial public offering, a professional valuation is important. A valuation can also be used for audits and financial investigations as well as tax benefits.
It is important that you choose a valuation service that is able to accurately evaluate not just your business and what is on the balance sheet but also your assets in any form. You may find that your valuation service does a thorough market value evaluation for your real estate assets or a projected valuation of copyrights or royalties.
Everything from company vehicles to computers and furnishings are assets, and if you want to have a true and accurate idea of the value of your business it is important that you have a thorough valuation service involved and make sure to include all types of asset valuations.
ABOUT DALE S. RICHARDS:
Dale S. Richards specializes in management, marketing, operation optimization & business valuation consulting and is a 30+ year turnaround expert. He has implemented success concepts into results in 150+ companies. Dale is a Certified Valuation Analyst (CVA) with NACVA, Eight-Year Vistage Chair & International Speaker.