…and Why It Matters
98% of business owners are in the dark about their business's true value. Analogous to a doctor requiring tests for an accurate diagnosis or a runner timing their practice runs for optimal performance, assessing your business's worth should be approached with precision. Make metrics-based decisions with real numbers.
Understanding your business's value isn't just for when you're preparing to sell. Have you ever thought about retirement? Or perhaps starting a new venture? You wouldn't wait until the eleventh hour to start planning, right? So, why wait for a significant life event to prepare for your business's future?
Knowledge is power. Don't guess; Know. With 10,000 baby boomers reaching retirement age daily and over $10 trillion worth of boomer-owned businesses set to transition within the next decade, exiting without a valuation and strategic plan can be costly. Secure your business’s legacy by taking the proper steps today.
A successful business exit often requires years of planning. Buyers seek businesses that exhibit sustainability, profitability, and a clear path for growth without the owner. In an ideal world, business owners would begin planning for their exit from the moment they start their business. The second best-case scenario? Begin today.
of small business owners know their business valuation
of business owners plan to fund their retirement through the sale of their business
of business owners lack a succession plan
of an average business owner's net worth is tied to their business
of businesses never sell, often due to misconceptions about their worth
Have you ever tried reaching a destination without knowing your starting point? Increase your business's value by understanding its worth. Regular valuations clarify your position, shedding light on the impact of value-building and exit planning strategies. Our valuation services diagnose your business's worth and growth potential, ensuring you're always ahead of the curve.
Utilize facts and data-driven insights, not merely gut feelings.
Harness 'Big Data' for a realistic market standing understanding.
What gets measured gets improved. Delve into your business’s value drivers and discover actionable strategies to enhance its worth.
Identify the 'Most Probable Sales Price' for a competitive edge.
Gain negotiation leverage for better terms and pricing.
Ensure your hard work pays off optimally when selling.
Craft a detailed transition plan. Join the elite group of businesses that successfully sell.
Act strategically on factors that elevate or diminish your business's value.
Recognize the value of your largest asset - your business.
A recent valuation is pivotal for smooth transitioning.
Ensure you pay a fair price when acquiring another business.
Forge more accurate agreements with partners grounded in your business’s current value.
Set ambitious yet achievable goals with abase line valuation, propelling your business to new heights.
In days past, business valuations could be costly and time-intensive (averaging around $8,000). Now, through our alliances with premier business valuation and value-building service providers, we offer these vital insights at a fraction of the traditional cost. Empower yourself. Knowing your business’s value opens doors to new possibilities.