The value of your company can be determined through a business valuation. Obtaining and evaluating business data, such as assets (physical items the business owns, such equipment and bank accounts) and liabilities (taxes, payroll, and debt), is required to determine the valuation.
Depending on the business industry and/or entity, certified business appraisal professionals do business appraisals utilizing one of several forms of valuation. The appraiser looks at paperwork including payroll, past financial accounts, and projections for the future.
A few of the factors used to determine business valuation are measurable and objective. Others, like the company’s reputation or trademarks, are more arbitrary, but they are nonetheless important factors to take into account when determining a company’s value.