What is the importance of a third-party valuation?
It’s simple. Buyers are skeptical about the information that business owners provide. Buyers are also skeptical of information provided by brokers. This skepticism is healthy and natural. To help minimize the buyer’s concerns and to reduce the concern about conflicting interests of brokers, third-party firms have stepped in to provide a more objective analysis of the business. How can you properly price a business for sale? There are many ways to price a business. The most appropriate way to price a business is to employ a justification for purchase price test. This method provides the buyer and seller an objective standard to determine the reasonableness of the suggested purchase price. In short, if the buyer can receive a fair return on investment for the amount paid as a down payment, then the business is priced fairly. BBN Affiliate Brokers are trained to help buyers and sellers understand how the proper price provides a fair return on investment. Can I find a third-party company t
