BizSugar.com › Finance › At What Stage In The Business Sale Process Is A Business Valuation Essential?

Most entrepreneurs build a business with a view to an eventual profitable exit. Most probably have lifestyle aspirations in mind that imply a certain amount of money to be realized from a sale. Whether they are looking at an exit now – or a decade from now – they need more than the subjective opinion of friends and acquaintances as to how much their business is worth. They need to be able to answer the question, “Can my company be sold today for enough money to fund my eventual retirement and lifestyle aspirations?” The answer will probably be no, but getting an objective assessment of the real value of their business now, puts them in a position to plan for the size of business they will eventually need to build.