For entrepreneurs and small business owners, their business means everything to them. As such, determining the value of their business can be a one-time thing that could define success or failure in a business negotiation, whether it be a sale, a merger, or succession planning.

In this episode, we get the insider's perspective on business valuation from CPA and ABV Chris Anderson of Adams Capital. Chris shares his wealth of expertise discussing the use cases and types of business valuations, the variables they consider, and how to use valuation information to help grow your business value over time. We also discuss how business valuation works together with your broader personal financial strategy and why keeping your personal finances front and center in business exit planning leads to better outcomes.

Don’t sell yourself short and tune in to this episode now!

About Our Guest:

Chris Anderson is a Valuation Expert from Denver, Colorado. A CPA and a Partner at the Denver Office of Adam’s Capital, he is an ABV focusing on gift & estate tax planning and business succession planning. A Partner for 10 years, the wealth of experiences he has amassed has continued to make an impact for entrepreneurs and business owners alike.

You can reach Chris through his email at [email protected].

Resources:

 

• Destiny Capital (https://www.destinycapital.com)
• Learn more about Chris Anderson (https://www.adamscapital.com/chris-anderson)

What’s Discussed in This Episode:

1. Factors involved in a business valuation [03:46]
2. Reconciling ideal and reasonable cash flow predictions [06:11]
3. Purposes for valuation and their impact on the valuation metrics [09:20]
4. Core drivers and risk factors in determining value [13:29]
5. Why you need to do valuation [18:16]
6. The essence of doing a yearly valuation [21:22]
7. The role of valuation in writing continuity plans [29:55]
8. The essence of doing valuation in 2020 [33:45]
9. Get the right advisory team [38:08]

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