When deciding to sell your commercial assets a business valuation is obviously crucial as you need to ascertain its open market valuation (OMV) before placing the business for sale.
However business valuations are often required for other purposes.
Businesses Online's combination of business transfer specialists and its association to chartered accountancy expertise is well placed to offer all nature of business valuations, and would include the following:-
Wishing to raise a loan or mortgage on the business.
Wishing to buy out a partner or shareholder.
The death of a partner or shareholder.
A valuation will be required by the executors for legal purposes and the valuation will be
included in the estate of the deceased.
Tax planning purposes. A valuation is often
necessary when considering capital gains tax
planning and also when a business changes its legal status, the most common one being transferring a sole trader or partnership to a
limited company.
We offer an independent service that will assist you in determining the value of your business.
Should you sell your business through us we will deduct the valuation costs from any commissions/fees paid to us from the sale.
