Planning to eventually sell the firm?
Then conduct routine valuations, in part to spot and polish up the weak spots.
A regular valuation — be it annually, every 18 months or every two years — can be one of the most effective ways to increase the valuation of a firm, primarily because it becomes a dashboard for running and improving the company, says Vic Esclamado, a managing director at DeVoe & Co., a San Francisco-based registered investment adviser consulting firm.
A robust and reasonably current discounted cash flow valuation helps the management team understand what is working well for their company and what needs to be enhanced or revamped. And, as with any management issue, success is driven by monitoring the path forward.
read more at financial-planning.com