Business Valuation FAQ
4. How much does a business valuation cost?
The business appraisal process is not quick, simple, or cheap. This should come as no surprise, given the significant financial and legal consequences involved with the need for a business valuation.
As with most professional services, a business appraiser’s fee is typically based on an hourly rate and the estimated time required to complete the project. Many appraisers will quote a flat fee for a particular type of project, but this flat fee will nonetheless be a function of these same key variables. Overall, one can expect an expert appraiser’s hourly rate to be similar to that of an attorney or other highly qualified professional.
The business appraisal profession’s ethical and professional standards forbid an appraiser from working on any kind of contingent fee basis due to the obvious conflict of interest that such an arrangement would create.
5. How long does it take to conduct a business valuation? | Back to Business Valuation FAQ
