Most people equate a business appraisal with a home appraisal.  That is fair in that they share the term “appraisal” and both seek to find the value of an object/property.  Yet, the approaches and complexities of the two disciplines widely differ!

SCORE, a national consulting network offering free counseling and supported by the SBA (Small Business Administration), does a great job of addressing common concerns and questions most business owners have in determining the value of their business.  They released this business valuation article years ago, yet it continues to ring true today…..it’s really timeless in our estimation.

If you are or have been in the market for a business valuation, take some time to read this piece as it really covers critical issues and anxieties common amongst business owners when it comes time to know the value of your business.