Did you know that a business' assets are an important piece to a business valuation? Most people involved in selling their business underestimate the importance of the fair market value of their assets. Relying solely on book value or your best estimate will cost you a lot of money left on the table. In order to perform an accurate valuation for your business, you have to examine the value of its assets.
When discussing hard assets, there are various categories such as:
Furniture, Fixtures and Equipment; Vehicles or rolling stock; Inventory (both for resale and parts for everyday repairs); Leasehold improvements; and Licenses, Patents and Trademarks….