Top 10 Mistakes Owners and CFOs Make When Valuing Their Company
Valuing a business is one of the most important tasks for business owners and yet, many business owners and their CFOs often have no idea of the true value of their company.
A business valuation determines the fair market value of the business, which is important for a variety of reasons including mergers and acquisitions, taxes, investment, and financing. Unfortunately, business owners and CFOs often rely on “back of the envelope” valuations that result in critical mistakes that will either under-value or over-value the business.