Should your accountant undertake your business valuation OR should you approach an independent valuation professional? There are pros and cons associated with each. Your accountant, while not formally or technically trained in business valuation, likely has an intimate understanding of your business, more so than any independent entity would. Read More
We completely understand. You have a sentimental attachment to your business having built it from the ground up. But have you ever considered what potential purchasers see when they look at your business? So let’s get down to brass tacks. What is the purpose of ? Business valuation is at the top of the age...
As a business owner, you naturally want to sell your business for the highest possible price. Your business represents your life’s work and getting a great price for it will help ensure you will be able to accomplish your goals in retirement. Making cosmetic changes to a firm at the eleventh hour before putting it on the market can only end in disaster. has picked up im...
2020 was a year of unprecedented adjustments. The COVID-19 pandemic has shifted our views on how we run our business, how much risk we are willing to tolerate, and, perhaps, when should be the right time to exit/sell? VSP Valuation provides independent professional to the business and legal communities. We also provide independent in the even...
The Critical Element to Every Succession Plan: Preliminary Valuation | Business Valuation in Ontario
A preliminary company valuation report, prepared by an appropriate professional (Chartered Business Valuator), gives business owners a fairly good idea of how much a company is currently worth. It is strongly advised to have a credentialed (certified) valuation specialist on the Exit Planning Advisory Team. In , advisors use the preliminary company valuation and the five-year cash flow forecast to determin...
It is easy to criticize valuation clauses in most Buy-Sell Agreements as being inadequate. Read More
For typical business owners, the answer to one question determines their ability to leave their businesses successfully: “How much money will I get when I sell?” This is one of the reasons why owners should know the value of their businesses....
Third-Party Sales: Perceived Pros Think about some of the most successful . Whether it’s Facebook buying Instagram for $1 billion or Google offering to buy Snapchat for $30 billion, a common presumption that business owners make when considering a third-party sale is that they can make the most money by selling to a third party. Typically, they’re correct: Of all Exit Paths, third-party sales tend to provide business owners with the most money the mo...
In this blog post, we unveil an example of a business owner who is attempting to put their business on the market while assuming the value of their business. Luckily, this business owner has a trusted advisor to help clear up any confusion and suggest the necessary steps to take before contemplating a sale. Thomas Ryder, an experienced Exit Planner, was a bit taken aback when his client, Brian Alpert, announced, “ I’ve decided to sell my business.” Typically, Ryder’s cl...