Preparing Your Business for Valuation

Authors

Margaret D. Nowicki, Ithaca CollegeFollow
Eric E. Lewis, Ithaca CollegeFollow
Jeffrey W. Lippitt, Ithaca CollegeFollow

Issue Season

Spring

Document Type

Article

Abstract

There is a tremendous need for the valuation of small businesses. Oftentimes, small businessowners do not have the wherewithal to gather the data and keep it up to date for use in situations that require valuation. Formal valuations are necessary because they provide objective evidence of value, in contrast to value set by markets on which public companies are traded. This article focuses on some factors that impact the valuation of the business and will help small businessowners feel more comfortable talking with financial professionals about how the business might be valued.

Recommended Citation

Nowicki, Margaret D.; Lewis, Eric E.; and Lippitt, Jeffrey W. (2005) "Preparing Your Business for Valuation," New England Journal of Entrepreneurship: Vol. 8: No. 1, Article 8.
Available at: https://digitalcommons.sacredheart.edu/neje/vol8/iss1/8