Tips for maximizing the value of your aviation business
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The third installment of our four-part series on why you should know the value of your aviation business takes a look at valuing your aviation business when there are changes in the ownership of the company. This can happen not only when a business is sold, but in many other situations. In some of these situations, the IRS requires a certified valuation.
While determining the value of your business is important if you are considering selling the business, there are many other reasons it can be both important and useful to know how much your business is worth. In the second in our four-part series, we discuss more reasons why you want to know the value of your aviation business.
When someone talks about having their business valued, the reason that typically tends to come to mind for most people is that the owner must be thinking of selling. Getting a valuation of an aviation business is definitely a great place to start if selling the business is the goal. A valuation provides an owner with a realistic understanding of what the business is worth in the current market. It also provides a good point to begin the discussion with a potential buyer.
But there are a lot more reasons to have a valuation done. Download our tip sheet with the first several reasons why you should know how much your aviation business is worth.
Interested in maximizing the value of your aviation business? Sign up for Worth It Wedne$day! Each Wednesday you will receive a short email from us with tips, ideas and a link to download more.
More Worth It Wedne$day!s with tips on increasing the value of your aviation business are available in our Worth It Wedne$day! archive.