Some simple questions you can ask your client are in reference to profitability, is the company making money or profitable? Has the revenue stayed the same as the past couple years or is it significantly different, either up or down? Does the owner receive a salary from the company or possibly distributions? You can also ask whether the company is a start-up or if there are any trademarks, patents or proprietary systems.
We are committed to helping entrepreneurs and owners understand the value of a business in order to make important decisions. We prepare all valuations as if we had to defend our conclusions in court.