Growbox Accounting: Empowering Businesses with Exceptional Financial Expertise
Why value the business?
Suppose you are going in the market and wanted to buy a new shirt for yourself. What you will do? You have some pre defined budget for buying it; say it costs you around $15. What is this price of $15? This is a concept of a value in your mind and you are keeping this much money in your pocket. But valuing is even more than just a price. That’s what we do.
Basically there are four main reasons to value your business
Buying and selling of some business
Valuation is definite in this case;
- improve its real or perceived value;
- negotiate on better terms;
- choose a good time to buy or sell;
- Complete a purchase more quickly.
The sale will be quicker and steadfast if the both parties i.e. seller and buyer are coming with realistic approach.
To raise equity capital/investment
A valuation can help you agree a price for the new shares being issued. For SMEs this would be a case of loan applications to banks or to attract investors.
To value your assets
It will work if you are involved in machinery and equipment business or even you are a whole seller/inventory holder.
To motivate management.
If you are opting a regular basis valuation;
- measure and incentivize management performance;
- focus management on important issues;
- project profitability;
- expose areas of the business which need to be apprehended or changed.
Unparalleled Accounting Services
- Tax Compliance and Planning
- Bookkeeping and Financial Reporting
- Business Advisory and Consulting
Trusted Advisors for Your Financial Success
At Growbox Accounting, we pride ourselves on our unwavering commitment to our clients’ success. Our team of dedicated professionals works closely with each client to understand their unique business needs and develop customized strategies to help them achieve their financial goals. With our expertise and industry-leading practices, we are confident in our ability to guide our clients towards long-term financial stability and growth.
