FAQ's
1985 - 2008
23
YEARS
OF EXCELLENCE
Neiman-Ross Associates, Inc.
“How do you determine value? Sometimes, there's no question. For example, everyone knows what a $100 bill is worth, but the value of most things is not so obvious.
What is My Business Worth?
Every business owner wonders what the current market value of their business is. Unfortunately, there is no one quick 'rule of thumb' to help determine the value of a business. One of the reasons that business valuations are performed is to take the guess-work out of valuing the business.
I am not selling, but I am interested in knowing what my Company is worth today - What do you suggest?
Good strategic planning requires that a forward-thinking business owner looks to the future, and we provide valuations of businesses whose owners have no current intention to sell. What these forward-thinking owners want to do is plan ahead. Our valuation reports show owners the current range of the enterprise value of their company.
Can my accountant value my business?
Valuations are not what accountants do in their day-to-day accounting practice and unless they have pursued coursework in business valuation, they don't have the necessary training to produce an accurate analysis. Many accountants offer their clients a simple formula of a multiple of earnings. We recommend against picking a multiple that feels right or good in pricing your business, in favour of considering various valuation approaches to arrive at the value of a business.
©2007 Neiman-Ross Associates, Inc.
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