Donna Genie walks through how to value a small studio for sale. A full formal valuation costs $8,000 to $15,000, but you can get a scaled-down version using three years of tax returns that gives you a range, listing price, and fire-sale number.
$8,000–$15,000
The last three years of tax returns and financial statements.
donna@pyopaccounting.com
Are you thinking of selling your studio but you're not sure how much it's worth or what your asking price should be? Well, we have some services that we.
Can use to help you with that.
First off, we look at the traditional methods of valuing a business.
There are three or four different methods that are used to value a business in a formal valuation.
Now, formal valuations typically cost 8 to $15,000 for small businesses, so they're very expensive. What we would do is a scaled.
Down version of that and look at the valuation methods give you a range of selling prices. Now typically our valuation method will be.
Based on the last three years of tax returns and financial statements.
So you would have to supply that.
Information and then we would create a.
Valuation report showing you the prior values for the based on each of those years.
Now, in that valuation report we will give you guidelines and tell you what we think a listing price might be.
As well as what you might negotiate to a final settlement on and give you a fire sale price as well.
So those valuations are good numbers to start with. They can also help you provide some.
Guidance because you will have something from a third party that says, hey, it.
Looks like my business is worth about these. So I didn't just pull these numbers out of the air. We'd be happy to help you prepare that information and give you some tips on getting ready to potentially sell your business. Or if you're not even sure if you want to sell it, but you need to know how much it would be worth so you can make a good decision. This is a better way to do that than having to spend that 8.
To $15,000 on a formal valuation report.
So if this is something that interests you, please let me know.
Shoot me an email and I'll be happy to get you some further details. Get started with you.
I'm donna@pyopaccounting.com Please subscribe to our YouTube.
Page and follow us there for the.
Latest and greatest information and check out our website@pyopaccounting.com thank you.
