Dear Cathy, I’ve owned a plumbing business for 20 years. As I work with my financial planner on retirement planning, I need to gain a better understanding about the value of my business. A little background: I am a licensed plumber and do not have any employees, but my wife takes care of the businessRead More…
Why Business Valuations Are Needed
Dear Cathy, I am a 56-year-old owner of a 2nd generation manufacturing business. I have read about people getting business valuations and I’m interested to understand why I should look at doing this? Sincerely, Jim Jim, Thank you for your question! Some people are forced to have their business valued due to the death ofRead More…