Now that you’ve used the Valuation Tool on Practice Exchange, you might be wondering what you can do next to leverage this information in a way that benefits your business.
Here are three suggestions you can take action on to best utilize the information you received in your valuation estimate:
1. Enhance Your Knowledge
Develop your understanding of valuation methods in the Education section of Practice Exchange, where you will find a library of resources available to you.
2. Manipulate Your Inputs
After learning more about valuations, try changing the inputs in the Valuation Tool to understand how different numbers impact the value of your business. Use the tool to project your business’ future value by using your own sales and revenue projections in the Valuation Tool.
3. Speak with the Succession and Acquisition Team
Schedule a call with a Succession and Acquisition Consultant to receive customized 1:1 support regarding your valuation estimate.