As a fractional FD, I’m really enjoying what GrowCFO are providing.
I recently joined one of their webinars regarding business valuations and why they’re important, which had two key takeaways:
โก๏ธ When valuing a business for tax purposes, you should be more conservative.
โก๏ธ When valuing for sale, you’re more optimistic as you’re trying to sell the business.
Of course, there are different ways of valuing a business and it comes down to what someone will pay for it, but this simple advice can help you when valuing yours.
I’d highly recommend GrowCFO to any finance professional looking to develop their skillet!