Your company is your life's work. You invest all your energy and passion into leading it. You have been preparing for your company succession for some time. There is not a successor within your family. However, you are already in talks with one of your employees or an external investor. Initial price negotiations are the next step, and you want to be well prepared.
Determining your company's current value using a recognised valuation method will provide you with a secure basis for the succession negotiations. In addition, it will assists you in showcasing the relevant value drivers and strengths of your company. It is important to your potential successor that the company value is valid and objective. This is the only way to establish trust in succession negotiations.
"If you as an entrepreneur insist on a price that is too high, you endanger the successful continuation of your company."
Use eValuation: Use the financial data of your company and capital market data from leading information service providers to calculate the current value of your company. Show your company's performance over the course of time and compare your company to competitors in your industry in a benchmark analysis.