Try a spring cleaning angle for repeat BV business

BVWireIssue #162-5
March 30, 2016

So suggests an article in the CPA Practice Advisor. If valuation professionals can make their business owner clients realize that a periodic “business cleaning” is necessary, it could help eliminate the mindset that a valuation is more than a one-off activity. The valuation process “can both optimize a business’s existing strategy and prepare it for impending or eventual sale.” Plus, checking the value periodically and working to maintain and improve the asset is important, whether there are plans for a sale or not. Just like with your home, “a thorough cleaning is much more valuable than just the lemon scent.”

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