But my accountant said my business is worth $…

With Haloween out of the way, it got me thinking about scary business events.  As someone who sells and values businesses, one of those scary business events is when a potential client says “My accountant said my business is worth $***** [insert grossly inflated figure]” My approach is to ask for a copy of the Read more about But my accountant said my business is worth $…[…]

Business Valuations and Business Appraisals – are they the same?

Some business owners and their advisers use the terms Business Valuation and Business Appraisal as if they are the same.  Are they the same or are they different?   Both Business Valuations and Business Appraisals are opinions of value of a business.  However, their purpose, process and cost are very different.   Purpose A business Read more about Business Valuations and Business Appraisals – are they the same?[…]