If you haven’t had an assessment for your business in the last 2 years, it’s high time you get one done as soon as possible. A well-founded valuation presents the business owner with many real facts and figures. It helps them determine the actual value or worth of their business in terms of market competitiveness, asset, and income values. Getting a complete small business appraisal in Arlington, TX, prepared biannually assists in tracking a company’s growth over time.
Perks Of Determining The Value Of A Small Business
Small business owners invest a significant amount of their money directly into their businesses and is often their biggest asset. In fact, it is often their biggest investment for retirement. A Texas business valuation can help unlock the business’ potential if quantified using the right approaches. Below, we outline the many perks of determining a small business’ value.
- Ascertains The Sale Value
Most small businesses or entrepreneurs think of ultimately selling their business as the final goal. Thus, a continuous valuation of the business over the years gives a realistic assessment of progress and what changes are need to continue growth in value. Simply keeping expenditures in check and increasing profits does not necessarily maximize business valuation. A timely small business appraisal minimizes false impressions and determines the best exit roadmap for its owners.
- Facilitating Partner Ownership Changes
The ownership of a business may change with prospective partners wanting to buy in or an existing partner wishing to exit. In such cases, the sound calculation of your business valuation is of utmost importance. Additionally, potential for a merger or acquisition may also require a business valuation.
- Assists In Estate Planning
Small or big businesses must have a fair assessment of their assets as part of the input to develop a realistic retirement plan. If your business is part of your estate, it is crucial to have a plan in place for the future and develop a strategy to execute it based on the valuation. A sound valuation helps family members and loved ones to ascertain the value of the assets and receive a fair share.
- Access to More Investors
If you want to grow your business, you may want investors for your company or investment funds from other sources. In such cases, chances are than the investors will want to see a complete valuation report. Therefore, to increase the possibility of an investment, you must provide them with a valuation projection based on the expected funding. It provides the investors with an overview of the return on investment.
- Creates Mutual Ground In Situations Of Divorce Or Bankruptcy
Businesses are vulnerable to unanticipated situations like divorce or bankruptcy. Couples who are also business partners often fail to come to mutual grounds while filing for a divorce. In such situations, having a small business valuation assists in a fair and equitable distribution of assets or creates a preliminary base for an immediate buyout.
Determine The Correct Value Of Your Assets!
Small businesses can take advantage of the valuation to determine their future growth and profit. Adam Noble Group, LLC specializes in providing ownership transfers and business valuations of privately owned companies. We work with sectors of multiple interests and provide intermediary services of all kinds, from small business appraisal, valuation, to mergers to acquisitions. Contact us today to learn more about small business valuations and appraisals.
Do you Need a Business Valuation by an Experienced Industry Specialist?
We have professional, industrial experience and expertise in many specific fields, including these:
Gutter and Drainage Construction Businesses
Screen Printing, Sign, Embroidery and Customization Businesses
Buying Out your Business Partner
During 3 decades of M&A service, Jeff Adam has successfully completed the sale of over 700 businesses and advised or completed 1,000’s of business valuations and exit plans. An entrepreneur in his own right, Jeff has started and grown 12 companies in fields including international finance, B2B services, business valuation, construction, screen printing, Mergers & Acquisitions, engineering, and manufacturing. Jeff has donated his time as a distinguished speaker at numerous national & international conferences since 1977 covering topics such as environmental services, engineering, media, craft breweries, exit planning, business valuation, charitable giving, management, business brokerage and M&A fields.
Jeff is President of Adam Noble Group, LLC, a national M&A Advisory firm, professionally valuing and confidentially selling profitable businesses owned by exit-motivated business owners to qualified strategic, corporate, private equity, partners, management, and first-time buyers. Jeff establishes rapport, builds trust, and educates business owners in the steps to meet their goals as they prepare and achieve the discreet, confidential exit of their business. Jeff exclusively represents sellers of $1M-25M value enterprises and endeavors to transfer their businesses to qualified, capable acquirers who will build upon the seller’s vision, goals, culture, and history. Jeff maintains lifelong repeat and referral relationships with sellers, their acquirers, and service providers.
Adam Noble Group has multiple M&A and business broker specialties: Manufacturing, Defense Industry, Oilfield services, Construction trades, Craft Breweries, Partnership Buyouts, Manufacturing, Service, and Wholesale Distributors.
Our M&A advisors and business brokers are all multi-industry entrepreneurs who have successfully exited their own companies. Jeff has walked in your shoes! Jeff wants to put the BIGGEST CHECK of your life in your pocket! Please contact Jeff, and he will confidentially answer all your questions.