{"id":56,"date":"2022-09-07T20:27:33","date_gmt":"2022-09-07T20:27:33","guid":{"rendered":"https:\/\/mayhillconsulting.com\/?p=56"},"modified":"2022-10-21T19:10:57","modified_gmt":"2022-10-21T19:10:57","slug":"business-appraisal-or-transaction-value","status":"publish","type":"post","link":"https:\/\/mayhillconsulting.com\/business-exit-or-acquire\/business-appraisal-or-transaction-value\/","title":{"rendered":"Business Appraisal or Transaction Value"},"content":{"rendered":"\n<p>There are a variety of different options for business owners to choose from if they are in need of assessing the value of their company.&nbsp; Specifically, a quick web search will point toward a variety of accounting firms and appraisal firms to choose from.&nbsp; One common oversite in choosing a provider, however, is an assessment whether the professional or firm hired has a successful track record of closing transactions. &nbsp;&nbsp;<\/p>\n\n\n\n<p>For example, when I think of the word appraisal, the first thing that comes to mind is the appraised value of a wedding ring.&nbsp; Let\u2019s face it, it is a pretty rare occurrence when a wedding ring actually sells in the open marketplace for its appraised value.&nbsp; As someone who prides himself in closing transactions, I typically put a lot more emphasis on the price and terms at which my experience tells me the sale of a business will close, versus what an appraiser has told me it is theoretically worth.<\/p>\n\n\n\n<p>Deciding it is time to exit the ownership of a business can be a very emotionally challenging time.&nbsp; When you reach that point, I strongly suggest you hire someone who you can trust to realistically inform your decisions and guide you to the closing table if that is the end goal.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There are a variety of different options for business owners to choose from if they are in need of assessing the value of their company.&nbsp; Specifically, a quick web search will point toward a variety of accounting firms and appraisal firms to choose from.&nbsp; One common oversite in choosing a provider, however, is an assessment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/posts\/56"}],"collection":[{"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/comments?post=56"}],"version-history":[{"count":1,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/posts\/56\/revisions"}],"predecessor-version":[{"id":57,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/posts\/56\/revisions\/57"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/media\/100"}],"wp:attachment":[{"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/media?parent=56"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/categories?post=56"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mayhillconsulting.com\/wp-json\/wp\/v2\/tags?post=56"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}