Financially Simple

In episode 358 of Financially Simple, Justin answers a listener's question regarding Formal and Informal Valuations. If you are planning on selling your business, having the business accurately valued is important to determine its worth in order to get a fair offer. In this episode, Justin compares Formal and Informal Valuation criteria, and gives a breakdown of each. Don't forget to subscribe, and let us know how we are doing by leaving a review. Thanks for listening! _________________   TIME INDEX: 00:45 - Formal vs. Informal Valuation 02:45 - What is a Business Valuation 04:55 - What is Value 07:18 - When are Valuations Needed 09:12 - The Difference 15:30 - Summary   USEFUL LINKS: Work with Our Team Subscribe to the Financially Simple Newsletter   Financially Simple's The Ultimate Sale - Selling your Business for Maximum Profit _________________   BIO: Justin A. Goodbread, CFP®, CEPA, CVGA, is a nationally recognized financial planner, business educator, wealth manager, author, speaker, and entrepreneur. H