Business valuation services are in high demand now, and new opportunities in the field abound. We don’t want to look any gift horses in the mouth, but we were curious as to what’s driving this surge. Here’s what we found:
• Increased regulation: Businesses across a range of industries are facing increased regulation and oversight from the IRS and SEC. To ensure compliance, many companies are starting to perform business valuations more often than they did in the past.
• Demographics: We seem to be riding a wave of retirements lately, as boomer business owners decide it’s time to ride off into the Margaritaville sunset. As more and more business owners hand off the reins to someone else, they’re enlisting the help of business valuation firms to help them orchestrate their exits.
• Integrated services: The emergence of new integrated services that are business valuation-adjacent, such as Q of E analysis and buy-sell agreements, could also be a factor in the rising demand for business valuation services.
Business valuation firms facing a deluge of new work aren’t complaining. But they may be struggling, Lucy and Ethel in the candy factory-style, to keep up. Solutions are available!
Solutions that don’t involve vetting, onboarding, and training new employees—activities you don’t have time for even if (big IF) you have the capital. We recommend partnering with an outsource firm to get your staffing levels where they need to be: You can bring on experienced, high-quality teams to help with your workflow as needed.
At Assurent Advisors, we connect professionals like you with reliable business valuation teams in India. Get in touch to discuss your goals today.