In the selling of a business, the valuation process doesn't have to fall solely in the hands of the seller. To ensure a fair, competitive price, purchasers also often have the opportunity to have the business valuated. Quite simply, this is a direct way to get a second opinion on the offered price and make sure the seller isn't over-valuing any particular element of the business.
Determining valuation, however, can be difficult. Beyond the value of physical property and assets, businesses have many intangible values that make arriving at a final number tricky. Here at Mahir Nisar Attorney at Law, our New York business attorneys have dealt with countless business sales and are well-versed in what factors should be represented on a price tag and what shouldn't.
Are you looking to buy a business? Do you feel that the price you've been offered has not been properly vetted? Call our firm to speak to a New York business lawyer.
The simplest calculations in business valuations involve the physical property of the business. These are usually fixed, verifiable values that offer little to no opportunity for dispute. There are other values however, that aren't as easy to quantify.
More debatable business valuation factors include:
Many of these elements may not be as favorable for the seller's price and were not been considered when the asking price was calculated. That's why it's so critical to valuate a business yourself before purchase. Consult a knowledgeable business lawyer in New York to help you.
It may seem impossible to wrangle these factors into a sound calculation, especially if they're theoretical. At Mahir Nisar Attorney at Law., we've helped business buyers ensure the fairness of their transaction and even counter offer to sellers time and time again. We're ready to do the same for you today.