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How to value a professional services business

How to value a professional services business

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Unlike physical assets, these intangibles to value a service business of value, especially in a the service, its perceived quality, and its scarcity.

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Managing The Professional Services Firm Book Review
This article provides valuation considerations for business owners looking to sell their professional service firm. Learn when and why you might need a business valuation, and different methods to calculate the value of your business with our guide. One commonly used method to determine if a professional services business meets expectations is comparing it to current industry benchmarks and KPIs.

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calendar_month 04.07.2021

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So why the difference? The potential value of a professional services firm depends on a number of factors, including the size and scope of the firm, the quality of its services, and the markets it serves. How do you place a monetary value on the strength of professional relationships or the brand recognition of a law firm, for instance? Companies in this industry vary significantly due to the services each business provides.