Finding the true value of a business is different than what it used to look like decades ago. Before, companies had tangible assets and resources that contributed to the overall value of the business. From the building to equipment to any materials to create a product, the business value included things you could see or hold.
In today’s world, though, finding the true business value is more than the tangible assets. Instead, a company’s success and value come from intangible resources like the brand, knowledge, and proprietary processes. If you were to find the business value through the same procedures you went through 20 years ago, you would find the value to be quite off from what it truly is.
Business Dynamics believes that traditional accounting practices reflect a business’ past, not it’s present or future. That is why when we find the true value of a company, our calculations include more than the assets and liabilities of an organization. We take into account the intangibles that are difficult or impossible to monetize. We give value to those that would otherwise get overlooked through the traditional process.
Get the Tue Value of Your Business
Every owner should know the value of his or her business. That value is what you use for tax purposes and creating an exit strategy.
To get the true value, though, it must come from an experienced professional that understands what it means to define the value as by the Internal Revenue Code, Federal and State tax law, Treasury regulations, and case law.
Business Dynamics will work with you to find the true value of your business. Through our experience, knowledge, and professionalism, let us give you a legally defensible value that will guide the future of your business.