What is a Business & Market Strategy Guide?
Business & Market Strategy Guide...AKA B&MSG
Dictionary Definition
IRS Revenue Ruling 59-60 determines the basis of fair market value. It states that fair market value is, "The amount at which the property would change hands between a willing buyer and willing seller when the former is not under any compulsion to buy, and the latter is not under any compulsion to sell, both parties having a reasonable knowledge of relevant facts."
Plain English
A calculation estimating how much money someone is likely to pay for your company.
Why it Matters to You
For many business owners, your business is your largest retirement asset. Getting a periodic valuation allows you to have accurate information to plan for retirement. It also allows you to identify areas for streamlining, cost reduction, and to reevaluate your business operations.
See more information on how you can utilize a B&MSG beyond the value given at the end of the report.
0 comments
Leave a comment
Please log in or register to post a comment