Written by Your business is your largest and most important asset and often is more than half of everything you own. The income it generates supports the lifestyle you and your family enjoy. You should know the value of your business and you should protect it.
Most of the time we focus on the fair market value of the business. If the business is disrupted there is the potential for a worst case scenario where the business is worth only the Liquidation Value. The Liquidation Value might range from 10% to 30% of the Fair Market Value.
When you the business owner understands what is at risk your protection planning becomes more focused and has a purpose. You are protecting up to 90% of the value of your company, your most important asset. Start your planning with a valuation for your company as a thriving enterprise and a valuation calculating your liquidation value.
Protect the value of your business today and plan for the future.
Business Value Protection Planning