{"id":225404,"date":"2023-06-28T12:34:00","date_gmt":"2023-06-28T12:34:00","guid":{"rendered":"https:\/\/www.markperlbergcpa.com\/business-valuation-knowing-your-atlanta-smbs-worth\/"},"modified":"2023-06-28T12:34:00","modified_gmt":"2023-06-28T12:34:00","slug":"business-valuation-knowing-your-atlanta-smbs-worth","status":"publish","type":"post","link":"https:\/\/prosperlcpa.com\/blog\/2023\/06\/business-valuation-knowing-your-atlanta-smbs-worth\/","title":{"rendered":"Business Valuation: Knowing Your Atlanta SMB’s Worth"},"content":{"rendered":"
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Although it\u2019s a relatively new federal holiday, Juneteenth carries with it a weighty significance.<\/p>\n

In the official declaration via the Emancipation Proclamation, Abraham Lincoln wrote:
\u201cI do order and declare that all persons held as slaves within said designated States, and parts of States, are, and henceforward shall be free<\/strong>\u2026\u201d<\/i><\/p>\n

This holiday which we celebrated nationwide this week marks the crucial moment when our nation took a big step toward valuing ALL people as equal and free. <\/p>\n

Imbuing value where value hasn\u2019t previously been given is something that often means making a stand and fighting until it\u2019s recognized. It\u2019s why 340,000 UPS workers are threatening a strike<\/span><\/a>. They feel undervalued, so they\u2019re fighting for their company to officially rethink their value. <\/p>\n

It\u2019s not enough to simply know your own value. Others need to see it too. <\/p>\n

And that\u2019s why I want to talk about the value of your Atlanta business. Knowing what your business is worth \u2014 while not about intrinsic human worth or worker\u2019s rights \u2014 is essential to how you will operate and how others will see you as well.<\/p>\n

Because there are moments in your business\u2019s lifespan that will require you to stand on that valuation including the day that you think of selling it or passing it on. <\/p>\n

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Business Valuation: Knowing Your Atlanta SMB’s Worth<\/strong><\/span>
\u201cTry not to become a man of success, but rather try to become a man of value.\u201d – Einstein<\/i><\/span><\/p>\n

Determining the economic value of your small business is a key part not only of your ongoing operations but also of many milestones in the company\u2019s life, including its eventual sale. What is a \u201cbusiness valuation\u201d?<\/span><\/p>\n

There are two general kinds with different purposes:<\/span><\/p>\n