Our Opinion of Value reports can be used as a defensible position of asking price should you want to sell your business. The asking price can be justified using industry’s best practices for SME valuation. Our Opinion of Value reports cannot be used for legal assessments, estate valuations, divorce settlements, or any valuation requiring certification. For such certified valuations, you need to get an appraisal from a Certified Valuator which will cost much more.
Frequently Asked Questions.
You will need to provide:
- 5 years full financials: Income Statements and Balance Sheets.
- Fill in a business and financial info form (to determine discretionary expenses).
- Current corporate structure and intended sale structure.
- Projections for the next 1-3 years if available.
- Real property assessment if applicable and selling together with the business.
- Notes to inventory if applicable.
All the assessment work is confidentially and no information is taken out or used for any other purpose. Once our work is complete and upon your instruction, all information provided by you is destroyed with email confirmation.
Our fees are set as low as possible to help small medium business owners afford professional opinion of value of their businesses. Feel free to schedule a call with us to answer any of your questions. However, if you prefer a face to face meeting in the West Coast, let us know and we will try to accommodate.
A Certified Business Intermediary will be able to help market your business and manage the entire process. Contact us today to find out how we can help you sell your business faster and for more by tapping into over 6,700 agents worldwide.
Most Opinion of Value reports can be complete within 2 weeks from the time we receive all the requested information from you. If there is a possibility of delays due to backlogs, we will let you know prior to the engagement.
Depending on the broker, current market conditions, available financing, industry changes, or systemic risks, businesses typically sell for within 10% of the assessed value. Other times during high demand, some businesses may sell for 20% over assessment.
Still have questions?
Getting an assessed value on your business is no simple task. If you have more questions or would like to speak to someone today, schedule a phonecall now by clicking the link below.