Bargain Hunters: Are You Willing to Take the Risk?
Unreliable and Erroneous Business Valuation Reports Can Cost Thousands in Permanent Losses.
Ask yourself if you can afford making a serious business decision based on a risky report prepared by a business appraiser whose predominant appeal is about how cheap they are?
Some may appeal to you based on price alone. Often, the lowest price is not the best choice for value.
Here’s another viewpoint to consider for price-driven decision makers:
“It is unwise to pay too much, but it is worse to pay too little.
When you pay too much, you lose a little money – that is all.
When you pay too little you sometimes lose everything because the thing you bought was incapable of doing the thing it was bought to do.
The common law of business balance prohibits paying too little and getting a lot – it cannot be done.
If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that, you will have enough to pay for something better.”
British Author, Artist, Essayist and Critic