Over the course of the life for any large or small business, there will most likely be the need to do a small business valuation. There are a number of reasons this is done. This can be because the business is about to be sold, the company is looking for investors, litigation and a host of other reasons. It is for this reason that there are so many business valuation firms working around the country to help small business owners complete this kind of analysis.
- There are standards that need be met by business valuation firms. When completing a business valuation report, the professionals who complete the appraisals and audits have to abide by certain standards and guidelines. These are set down by the Uniform Standards of Professional Appraisal Practice (USPAP). Failure to comply with the offici