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Valuations & Appraisals
Knowing what your business is worth is the beginning.
Getting an accurate Valuation
Many brokers, both large and small, offer a fast, free valuation of your business. Unfortunately, an accurate valuation takes the valuable time and experience of an expert.
The advisors at Northern Plains take the time to perform a thorough and detailed valuation. We focus on your industry, and have decades of experience brokering transitions. This level of immersion gives us the perspective necessary to provide accurate and detailed valuations.
We take pride in our sterling reputation for providing accurate valuations. In fact, Northern Plains has credentialed business appraisers.
Not sure if you’re ready? If you’re thinking of selling but aren’t ready to undertake a full valuation, we’re still here to answer any questions you may have. Contact a Northern Plains advisor for a complimentary consultation.
Don’t Settle For Less
When to get a Valuation
Preparing to Sell your Business
It is advisable to have a valuation done three to five years before you actually plan to sell your business. A valuation sets a baseline for your practice value, and can illuminate areas that need attention. With one of our exceptionally accurate valuations, advanced planning, and the advice of an experience
With Northern Plains Business Advisors, you can make adjustments over time that will boost your businesses total value prior to putting it on the market.
Management and Planning
Business management and various strategic planning programs. Because a business appraisal assesses the risks and profitability of the business, the business appraisal is recognized as a superior management tool and is an integral component of several management-related programs such as:
- Exit strategy planning
- Monitoring the efficiency of long-range planning programs
- Measuring the business’s ability to create value.
The business appraisal is a detailed process that establishes a value for a business at a specific point in time. The appraisal is an important and highly informative initial step for any type of transfer of ownership, such as:
- Business sale transactions
- Associate buy-ins
- Partnership buy-ins
- Merging two businesses
- Tax court disputes
- Legal procedures—marital dissolution, partnership disputes, etc.
Get In Touch
Northern Plains Business
4201 12th Ave North
Fargo, ND 58102