Want to know what your business is worth? Want to know what you can do to change the outcome? Formal valuation too costly?
As a business owner, you are constantly being asked to make management decisions about:
- whether to grant pay rises, or grant team members (and yourself) extra leave
- whether to increase your advertising spend
- how long to close your business over Christmas/New Year
- How long a holiday you should take
- And many, many more.
It’s easy to look at these decisions in isolation but, in reality, incremental decisions like these cause changes in the income and expenses of the practice. This has a direct impact on the value of your practice that is largely hidden from view and unseen, until you want to sell, and it is too late to do anything about it.
Your practice should be one of your greatest assets and make a big difference to your post sale life. As a business owner, it is important to understand the impact these decisions have in maximising the value of your practice when it comes time to sell.
ValuVet’s new Monthly valuation will show you the impact that your decisions are having in real-time. This in turn allows you to do course corrections and have more business-savvy decision making.