Business Valuation 101 with Global Resources LLC

CHICAGO - June 7, 2016 - PRLog -- The experts at Global Resources LLC are often called in to measure the value of a business.  By implementing a business valuation, the staff at Global Resources can measure the overall value of a business, depending on the ability to produce economic benefits coupled with the risk of ownership.

Every business is unique, so a business valuation will vary depending upon the individual situation of the business.  However, Global Resources is offering business owners five factors that may accurately help measure the worth of their business:

1. Who needs to know the business worth? You may need a valuation to set a sale price, determine an offer to buy a business, secure a bank loan, settle an internal problem or defend your business value in a legal dispute.

2. Circumstances surrounding the business valuation. The worth of the business will be different if the business is to be closed and its assets sold compared to if you plan on maximizing sales and growing your brand exponentially.

3. Financial and operational records and future prospects. The history of the business offers significant details but the value does depend more on what the business can do in the future.

4. Business ownership structure. You may need to know the value of the entire business, a portion of a partnership share or a controlling ownership interest.

5. Approaches and methods used to measure the business worth. There are a number of standard business valuation methods to choose from under the asset, market and income approaches.  The pros at Global Resources will help you determine which is best for you and your business.

About Global Resources LLC

Global Resources is a full-service business development group and general management consulting firm focused on small and medium-size privately-held companies in North America. We were formed to help small and medium-size businesses maintain positive cash flow, control costs and accelerate profitable growth, allowing entrepreneurs and managers to make the most of their work and their lives. Through business analytics, consulting and strategic tax planning, we are a lifetime resource that offers business owners the freedom to grow.  For more information, visit https://twitter.com/GRAdvisers.