Do you know the value of your business? A business valuation lets you know where you are in terms of growth even before you are ready to leave . Knowing the value of your business helps you in planning your future and having an exit plan when you are ready to sell.
You should gather the following information to start the process of valuating your business:
- Five Years of Financials:
- Profit & Loss Statements
- Balance Sheets
- Cash Flow Statement
- 5 years of Tax Returns
- Lease (if rented)/Tax Bill (if owned)
- Inventory List
- Furniture, Fixtures & Equipment List / Depreciation Schedule
