Talk to our financial professionals. Your Company Checklist Buy a Company Basics Preparing the Company For Sale Plans to sell your company should be made well in advance of the actual sale. Nearly every privately held company is operated in a manner that minimizes tax liability. However, prospective buyers do not pay for creative methods you are using to lower your taxes. As such, the same operating techniques and accounting practices that minimize tax liability also minimize the value of your company.
Audited statements are the best financial statements.
To determine the fair market value of your company, a valuation report should be prepared. This will eliminate guesswork and the painful trial and error method of pricing. Regardless of how good you are at operating your company, you may not know its fair market value. You may have a good idea of the current value of your plant and equipment cost, but these tangible assets are likely to comprise just a fraction of your company's total worth. Determine your company's total worth by completing our Automated Online Valuation .