A business valuation should be done regularly and at least every 3 years to make sure that:
- You know what your company is worth.
- You learn the true financial position of your company, not the tax adjusted figure!
- You are able to make buy, sell or merge decisions quickly, without having to wait for a valuation.
- You have the current business valuation because your company, your industry and the economy are continually changing.
Your business is an important asset and one that should provide a good boost to your retirement reserves.
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