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September 23, 2010 on 11:50 pm | By | In Business | Comments Off

 

Asking other business owners for referrals is a good way to find a reliable business valuer, however you should always ask why they’re referring the firm or appraiser to you.  If it’s just because they met them at a networking event or “heard” they were good, don’t rely on these instincts alone.  Of course, if they’ve used them personally then you can probably count on getting the same type of service that they did.  If others are honestly satisfied with a business valuer, then they’ll probably do a great job for you as well.  You should take care to avoid any valuer that uses a specific rule of thumb.  There isn’t really a specific formula for valuating a business and you can’t really compare every business to the next.  Each business has specific needs and things that need to be valued, so there is no one way to perform a correct valuation. Business Valuers

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