If you are thinking about selling your business, you will first need to get an idea of its worth. When you complete the Daltons Business free business valuation form, your enquiry will be sent to Business Transfer Agents near your business location. They will then contact you to arrange a convenient time to visit and value your business. If you decide to sell your business, marketing it at the right price is crucial. Advertising your business for sale at a price too high will mean it will be harder to sell or if you price it too low, you will be losing out. Getting a valuation from a Business Transfer Agent, will give you a very good idea of how much your business is worth and should help inform your decision on whether to sell your business now or wait. The business valuation service is free, but if you decide to sell, there will be some costs involved if you instruct a commercial agent to sell your business. This could be in the form of a commission or upfront fee, as long as you have this information, you can make the right choice for your own circumstance.
GETTING A VALUATION FROM A BUSINESS TRANSFER AGENT
When valuing a business, the Business transfer agent will look at a range of information about your business. This includes details like any rent you are paying, how much is paid in staff salaries, competition in the area, overall turnover and how much Gross/Net profit is made. Once the BTA has gathered all this information, they will make an estimate of how much your business is worth.
PREPARING FOR A BUSINESS VALUATION
To prepare for the valuation appointment, the business transfer agents will want to see as much information as possible. This would be the time to make sure your accounts are up to date and you are able to provide the last three years of your financial accounts. Depending on how organised everything is, allow yourself enough time to get everything in order. If you are rushing, you may miss out on important details, which could result in getting your business being valued at a lower price.
Please be aware that Business Transfer Agents are completely independent of and in no way related to Daltonsbusiness.com.
You may also receive offers of additional services from these agents. You are under no obligation to accept the valuation or purchase these services made available to you.
Any decision with regard to a business valuation or purchase of additional services is made at your own risk and Daltonsbusiness.com is not liable for the outcome of any such activity.