Every business is unique to its particular industry, the experience of the management team, the operational setup, financial history and more. Hence the complexity of valuation will vary accordingly; there are no two same valuations.
A business valuation is generally performed to provide a fair market value on a business or entity. It can help in the negotiation of a business purchase and sale, secure credit loan, settle a legal dispute, fulfil taxation purposes, or even for management’s internal use. It gives all parties involved a detailed understanding of the worth of a business, which ultimately assists in strategic decision making.