Charlie Chambers

A business owner asked me this week why they needed a valuation. The business owner was in their late 50’s and had owned the business for over 20 years. I asked him how long he expected to work and did he have an exit strategy. He replied 10 more years, sell the business, and move to Florida! Ten more years certainly seems like a long time, but as we talked about the business, I was able to point out areas where he could begin now to improve the profitability and a longer term goal of maximizing the future value. I encourtaged him to consider contacting a Business Certified Appraiser (BCA) who has been trained in the skills to perform a real valuation. Charlie Chambers, BCA, CPA, CMA, CGMA

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