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Business Awards partner Hayes Knight is providing a series of articles by Director Greg Hayes. Greg is an expert commentator on business and taxation issues, and regularly appears in The Australian Financial Review and other publications.
How much is your business really worth?
For many small business owners, their business is their largest asset and for many, one that is expected to help fund their retirement. But what is your business really worth and what sets a high value business apart?
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Which valuation methodology is right for your business?
Not all businesses are valued in the same way. In fact, there are over twenty different valuation methodologies. And, applying different methods will not produce the same result. To know what your business is really worth, you need to identify the most appropriate valuation methodology to apply to your business.
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