Business valuations are typically performed by professionals who specialize in business valuation, such as certified public accountants (CPAs), certified valuation analysts (CVAs), or chartered financial analysts (CFAs). These professionals have the necessary training and experience to analyze financial data and other relevant information to determine the value of a business.
The cost of a business valuation can vary widely depending on various factors such as the size and complexity of the business, the purpose of the valuation, and the experience and credentials of the professional conducting the valuation. In general, business valuations can range from a few thousand dollars to tens of thousands of dollars or more for larger and more complex businesses. It is important to note that the cost of a business valuation should be viewed as an investment rather than an expense, as the valuation can provide valuable insights and information for making informed business decisions.