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What is a Business Valuation & When Do You Need One?

A business valuation is the process of determining the fair market value of a business. it involves a thorough analysis of the company's financial and operational performance, including its assets, liabilities, revenue, and profitability. There are several situations in which a business valuation may be necessary. If you're considering buying a business, a valuation can help you determine if the asking price is reasonable and if the business is worth investing in.