BEFORE WE KNOW WHERE A CLIENT IS HEADED, WE FIRST NEED TO KNOW EXACTLY WHERE THEY ARE. WE START WITH A FREE INTERNAL USE BUSINESS VALUATION.
Successful businesses do not just happen for just any reason. Like a great athlete, we have to measure, prepare, improve, and execute. Starting with a business valuation allows advisors to know what the business owner is facing. Sometimes healthy on the outside doesn’t not necessarily mean all is well within. Even though a business is wildly successful, doesn’t mean that there are not things that could be done better or that can derail the business. Our job is to first find out if there are any issues or landmines to be aware of and bring those to light.
ay. We do not want to wait until we get to the top to buy the tools we need to come back down.
Business Valuation
$465M of business owner wealth transitions every day.
Many small businesses owners know their companies inside and out. Yet, they rarely know one critical fact – how much their company is actually worth on the open market. Determining the true value of a business, a process called “business valuation,” is not just important when the owner is looking to sell the company also for potential buyers and strategic planning of the current owners
A formal business valuation is also an essential tool for sellers and prospective buyers use to determine if they are interested in selling or purchasing the business. Ultimately, it offers a big picture “snapshot” of the owner’s interest and operations of a business and validates all financials along with other documentation. It is a tool that many buyers use to help them determine how much they are willing to pay for your business or the sellers to confirm the valuation and selling price of their business.
Despite the benefits, however, many business owners are apprehensive about what to expect when going through the valuation process. In some cases, valuations can expose areas of the business which actually take away from value, such as weak financial and accounting controls, under-performing assets and weaker operating ratios relative to its peer group. The entire valuation process can provide an overview of strengths and weaknesses of the reviewed company.
For future sellers, If you’re considering selling your business, for instance, you need to have an idea of the value buyers will see in your business as well as what will the bank perceive as the value. This can help you decide if you’re willing to sell now and what kind of price you can expect in the process as well as give you direction on what you need to do to increase value. Other reasons for small business owners to consider a business valuation include:
To determine if an acquisition offer is sound.
To resolve estate and gift tax disputes.
To determine assets in a pending divorce.
To buy out partners in your business.
Partners are seeking to sell, this can determine the value of ownership interests.
Decisions made in a contested estate.
Efficiently integrate products and services
We use technology to implement products into your day-to-day operations. We make workflows easier, while building cohesiveness to reduce risk while increasing cash flow. A stronger plan means a stronger business.
Nearly 60% of all private business owners are 50+ years old with many set to retire, sell, or transition out of their business over the next decade.
Over $7.9T of private business value will transition from retiring owners over that time.
OUR MISSION
