What is my business worth?
Going into the market with a clear understanding of your company’s value is a key element in preparing an exit strategy. Would you sell your house without understanding the true value?
Most small businesses are valued by either the income approach or the asset approach. Most commonly with profitable companies, historical trends are used to predict the future earning potential of your offering.
Have a Valuation prepared...
Proper analysis of your company’s value can be a complex undertaking and should be left to professionals with the expertise and credentials necessary.
This small investment will yield significant benefits to the strategic seller:
- Peace of mind:
Selling a small business comes with a plethora of moving parts. A formal Valuation relieves any questionning around appropriate value. - Financial & tax planning:
Upon completion of the Valuation report, meetings can be held with tax and wealth management professionals to prepare for the transition.
- Higher business values:
Valuations allow the strategic seller to understand why the value of the company is what it is. This opens the door to making improvements before entering the market. - Bank financing options:
Understand how the bank will view financing for buyers and eliminate questions regarding hold back, seller notes, etc.