Issue 1_2023_VIEWpoint | Page 15

There are many reasons you may require a valuation for business planning purposes . Perhaps you are considering an opportunity to retire or selling a portion of your business . Whatever the reason may be , it is important to have an accurate valuation of your business in order to make informed decisions . Many business owners are unaware of their company ’ s value , which is often their largest asset . Whether your company is big or small , there are various types of valuation reports to consider to help meet your needs and budget .

Understanding Valuation Types

Which Works Best for Your Business Planning ?

By Theresa Cameron , CVA , CFE Shareholder , Valuation and Litigation Support Group

There are many reasons you may require a valuation for business planning purposes . Perhaps you are considering an opportunity to retire or selling a portion of your business . Whatever the reason may be , it is important to have an accurate valuation of your business in order to make informed decisions . Many business owners are unaware of their company ’ s value , which is often their largest asset . Whether your company is big or small , there are various types of valuation reports to consider to help meet your needs and budget .

6 VIEWpoint Issue 1 | 2023