The success of a business transaction can have a major influence on business owners. In fact, most business owners only experience one exit in their life and most owners do not have any idea or plan of how they will exit. This lack of a plan and knowledge of business transactions can lead to major mistakes than can have a huge impact on a family and others lives. When in the right hands however, these mistakes can not only be avoided, but the business transaction can be a huge success resulting in a very positive impact on lives.
One of the major mistakes in a business transaction is determining true market value. A buyer does not want to pay much higher and a seller does not want to sell for much lower than true market value. As experts in business valuation NJ, A Neumann and Associates has completed thousands of Business Valuations. Confidentiality is key as is getting a Business Valuation from a professional third party to avoid any bias. In fact, most business buyers and financing underwriters will not take a business seller seriously if they do not have a professional, third party business valuation.
With 25 years of experience as a premiere and reputable Business Broker in New Jersey, A Neumann and Associates have been providing expert service to Business Owners including Business Valuations in NJ. The testimonials, track record and network of affiliates have long been a huge buying and selling advantage. As expert Business Valuations NJ specialists, they can assist business owners determine the true market value for any reason. Be it sale of the business, estate planning, financing, dissolution of a partnership, divorce or other reasons, you will be in expert hands with A Neumann and Associates.
A lot goes into a Business Valuations, a formula or calculation does not exist that can actively determine the true market value of a business. Many things have to be considered such as assets, profits, years in business, potential growth, similar business sales, economy, financing options, buyer demand, buyer and seller motivation, timing, terms, location, etc. Professional Business Valuations are a crucial part of business transactions. They are obtained only through professional third party experts.
Why a third party? This is an important question. When a business valuation is conducted by a party that is representing the buyer, it may not be objective. The valuation could be favorable and much lower than true market value. Similarly, a party representing a business seller can value a business much higher as that benefits their client.
A Neumann and Associates is just that, an expert business valuation firm in NJ. We not only have a guide on Business Valuations on the site but also a Sample Business Valuation Report. If you have a need for a business valuation New Jersey, look no further than A Neumann and Associates by requesting a confidential consultation at www.neumannassociates.com/contact.cfm.