Business Insights: What Drives The Value Of Your Business?
Dr Craig West is the founder of Capitaliz and has been working with business owners on succession and exit strategies for over 20 years.
Our homes are pretty easy to value. Most owners know the value of their home and comparative data is typically readily available. However, businesses can be hard to value and very difficult to compare. They are complicated assets with multiple factors influencing the valuation, including financial performance, economic trends, industry factors and company-specific risks. In most cases, identifying the key valuation drivers—either positive or negative—is difficult.