Despite the downturn in the economy, the multiples paid for businesses in 2020 remained relatively stable - how so?
We explain our standard valuation approach for a knowledge-led business such as a management consulting company.
Businesses don’t run themselves and so for some business owners, the need for a valuation may only become a priority when considering an exit strategy.
If one is using the Asset Approach to value a business, possibly as corroboration of other methods, it’s important to adjust the assets.