Determining your family business’s value isn’t just for those eyeing a sale. It’s about being prepared and informed, especially when your family’s financial future is connected to the business.
An accurate valuation helps individual shareholders make smarter personal financial choices. It also helps with facilitating intra-family transactions. Knowing the value ensures fairness by preventing situations where some family members unintentionally gain more—or less—than others during share transfers.
These are two of the four reasons why family shareholders need to know the business’s value. But what about family directors? You can find the answer in “Why the Value of Your Family Business Matters.”
Read about why you need to know your business’s value here.
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