Adviser Masterclass: How to value your business

Advisory business owners might want their company valued for a number of reasons: they could be looking to sell for an immediate exit or are beginning to plan for a longer term exit strategy. In the case of divorce, a husband or wife with a stake in a business may need to provide half their assets to their erstwhile spouse. For Brian Spence, managing partner for Harrison Spence, an IFA consulting firm, more than 50% of his company's enquiries are from people planning a long-term exit strategy and wanting to ensure their business is in good shape for themselves and the remaining partne...