Understanding the value of your business

Knowing the value of your business is critical for making key business decisions.

Given the impacts of COVID-19, supply chain issues and inflationary pressures, it is more important than ever to understand the value of your business, and the difference between value and sale price.

A recent survey of Australian and New Zealand SME business owners found that 73% of respondents expect to exit their business within the next 10 years, while 48% intend to exit within the next 5 years. The survey also found that these respondents were unprepared for sale.

When you have most of your “eggs” in one basket, it is a good idea to watch that basket! Successful business owners are checking the value of their business every year, as part of their family wealth creation plan. Understanding the value of your business empowers you to make informed decisions.

Our Business Valuation Service will show you the true value of your business. The key outcome is an accurate, cost-effective valuation assessment of your business. We also provide industry valuation benchmark information to highlight how your business performs compared to other SME’s in the industry.

Business valuations are important because they allow you to: 

  1. Be sale ready and sell with confidence: Understanding the value of your business is crucial in negotiations and decision making.
  2. Secure Financing: Accurate valuations can help secure loans or investments needed to grow your business.
  3. Commence Estate and Tax Planning: Proper valuation helps with estate planning and minimizes tax liabilities. It also helps to determine what you need your business to be worth on retirement to achieve your personal, family and business life plans.
  4. Benchmark Performance: A professional valuation provides a benchmark for measuring performance and setting realistic goals.
  5. Consider Structuring Options: Understanding the value of your business can assist in facilitating entity structuring issues that might be appropriate for future succession, planning and tax management.

 


Are you interested in understanding the value of your business?

Our expert team can conduct a comprehensive valuation of your business.

Make a time for a chat with a Bentleys business advisor. We can help you to get where you want to be.

Disclaimer: This information is general in nature and should not be relied on as advice. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs and seek professional advice before making any decisions based on this information.

How can we help you or your business?