How much is my business worth?
You may think you have a good idea of how much your business is worth. However, since you first started your business, a lot of things will have no doubt changed.
The market changes, demand for your product/services changes, as does the value of your property or assets.
Even in the space of a year, business turnover, growth and place in the market can drastically turn one way or another. This can affect the value of a business and therefore its future.
If you have had a business valuation in the past, that doesn’t mean those figures will still be accurate today because so much will have changed.
That’s why it’s important to ensure your business valuation figures are accurate and updated as and when needed. This is particularly so if you have experienced lots of growth or have invested heavily in your business in recent years.
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Why does a business need valuing?
There are a lot of reasons why a business could benefit from a valuation. You may be considering selling your company to someone else.
Alternatively, you could be doing it for tax purposes which your accountant may have suggested for various reasons.
You may be looking for outside investors and want to prove the value of your company as well as show business turnover to secure investment.
Any potential investor will want to take a look at how much your business is worth, so it’s beneficial to have that information readily available and up to date. Investors can determine a lot from a business valuation. If it’s valued highly, you may be able to secure more investment or exchange it for a smaller piece of equity to keep a greater share of the profits.
Whatever your main reason for wanting a business valuation, you’ll need a service that can give you an accurate, realistic and objective figure. You want a figure that takes the market you’re operating in under careful consideration as well as your assets, investments and expected cash flow in the future into account.
How Countplus can help you with business valuation
We offer more than your typical accountancy firm for small businesses. Aside from our regular accountancy management services, we can also provide expert business valuations for UK companies too.
As part of our business valuation service, we will take an in-depth look at all areas of your business’ performance and the market you operate in. This will enable us to put together a comprehensive valuation report that you can then provide to potential buyers or investors.
Countplus’ business valuation service includes:
- A fair and objective approach to valuation
- A detailed analysis of cash flow now and in the future
- Expert recommendations for you and your business moving forwards
- A report that takes your circumstances and the state of the market into consideration
Knowing for sure how much your business is worth can help to put your mind at ease and also answer any uncertainty you have over the value of your company. The valuation figures might surprise you so it’s best to know exactly where your business stands to help you make more informed decisions for your business’ future.
If you decide it’s time to get your business valued, hiring an experienced professional is a worthwhile investment to ensure accuracy.
Get in touch today with Countplus Accounting to see how we can help you value your business accurately. We can even provide business tax return help, accountancy management services and payroll services for small businesses if you need them too.