Over the years, Raskin Planning Group has developed a process to help small business owners exit their business on their terms.
One major part of this planning process is understanding the factors that are involved in determining and appraising the value of business owners’ most important and largest asset, their business.
In this episode, Peter sits down with Chris Mellen, managing director of Valuation Research Corporation. Chris shares some of his expert advice on business valuation and appraisals and breaks down what every business owner should know about the value of their business.
In this episode, you will learn:
- Why business owners typically underestimate risk
- The 3 main buckets of business valuation
- How economic shifts affect valuation
- 4 external factors that drive the benefit of gifting shares
- And more!
Tune in to now to discover everything you need to know about the value of your business!