Question: Did I see somewhere that your company does business valuations? If you do, we would be interested in having one done for our business. What are your fees?
Answer: Yes, we do an “estimate of value” for print shops which costs $1,750. We develop a value range as well as specific value based on financial methods bankers use, not printer-invented ones.
Now, the difference between what we do, and a full-business valuation is that ours does not involve an onsite visit, nor is it as detailed and therefore not useful in a contentious transition or a legal action such as divorce or an IRS dispute. Here you need someone to not only provide a detailed valuation, but who also would support it through testimony in court. Of course, these types of full valuations run more – typically $8-$12,000 in many cases.
Our estimates of value are most useful for retirement planning as well as internal transitions such as selling to a son/daughter or employee. So, it depends on the level of detail and support you need. Message me if you have an interest at email@example.com
In the meantime, here’s hoping that all your trails will be happy ones.