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I HAVE A CLIENT/PROSPECT INTERESTED IN SELLING HIS BUSINESS – IS SPARDATA APPRAISAL APPROPRIATE?

April 26, 2017appraisal appropriate Business client Prospect Selling spardata

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I HAVE A CLIENT/PROSPECT INTERESTED IN SELLING HIS BUSINESS – IS SPARDATA APPRAISAL APPROPRIATE?

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Owners selling a business should definitely have an appraisal in hand from an independent expert before starting negotiations. For owners of most companies, a SPARDATA business appraisal is an excellent choice. If a company is large ($50 million-plus in sales) and its owner is willing to spend $25,000, $50,000 or more, several good appraisal firms will visit the company and spend several days or weeks interviewing management, checking the facilities, reviewing customer lists, etc. If interested in this alternative, contact us and SPARDATA will gladly recommend several firms offering such products. Even with larger transactions it often makes sense to have SPARDATA do a preliminary appraisal. Then only if negotiations look promising will the owner need to purchase a more detailed appraisal.