If you’ve ever asked, “What’s my business worth?” you’re not alone. It’s one of the most common—and most misunderstood—questions we hear from business owners.
The truth is, there’s no single answer. Business valuation is not a fixed number carved in stone. It’s a range, and more importantly, it’s relative to the purpose of the valuation and the audience relying on it.
In this article, Brian J. Sharkey, Director-in-Charge, Transaction Advisory and Business Valuation, explains why business valuations are inherently purpose-driven, how that affects the outcome, and what you as a business owner need to know to make informed decisions.