Preparing the business for an appraisal requires getting the financial documents in order and knowing the company's worth.
Keeping top-notch financial records is essential to provide a fair picture of the business's financial health.
Putting together a strong team, including a financial advisor, lawyer, and appraiser, ensures a smooth appraisal process and protects the company's interests.
Outlining future plans, such as market expansions or new product launches, increases the company's value and attracts potential buyers.