Need to buy, franchise, or sell a business but don’t want to pay exorbitant fees or incur additional headaches? Receive confidential and reliable help at the most affordable rate!
Biznis Resource will first help you accurately assess each of your options, then provide professional and affordable services to assist you in the purchase, franchise, or sale of your business – always for the best price!
Biznis Resource Will:
- Identify industries of interests and pinpoint available options!
- Pre-screen potential businesses (per your parameters)!
- Identify the best business valuation (there are 4 options – see below)!
- Help negotiate the terms of the contract (per your parameters)!
- Coordinate with relevant 3rd-parties (attorneys, CPAs, financial advisors, banks, insurance agents, etc.)!
- Assist with deadlines and paperwork!
VALUATION OPTIONS INCLUDE:
1) Formal Appraisal (or Self-contained Appraisal) – A lengthy, complex report necessary for legal purposes (such as with divorce, tax matters, and / or bankruptcies) and usually of little use to business owners looking to sell a high gross profit business (extremely expensive).
2) Restricted Appraisal Report (or Business Valuation, Not for Legal Purposes) – A long, written report seeking to outline and calculate the value of a high gross profit business, usually utilizing EBITDA, or Earnings before Interest, Taxes, Depreciation, and Amortization (very expensive).
3) Value Builder Score ™ – A business analysis addressing eight categories, such as financial performance, potential earnings, and customer service, which contribute to the value of a business (expensive).
4) Seller’s Discretionary Earnings (SDE) – A less formal business valuation identifying the total cash flow / revenue of a business, including salary, benefits, and depreciation, generally used for businesses with gross annual sales less than $1MM (less expensive).
5) Broker Opinion of Value (or BPO, Broker Price Opinion) – A Broker Opinion of Value is appropriate for businesses with gross annual sales under $500K, especially when financials are inaccurate or incomplete, and / or when large amounts of revenue go unreported (least expensive).
6) No Valuation – Zero cost (see Fair Market vs. Strategic Value below).
Fair Market Value vs. Strategic Value:
- Fair Market Value (FMV) – This is the price at which a business might sell between a willing buyer and a willing seller. Most small businesses will sell in this category (very common).
- Strategic Value (also called Investment Value) – The value of a business to a specific buyer. For companies with a cash flow (EBITDA) above $1MM, a strategic value valuation will establish a floor.
Biznis Resource will do the leg-work, provide options, and ensure that all of the necessary detail work is completed behind the scenes, so you are positioned to make the best decisions for you and your business.
The Consultation is FREE, so there’s absolutely no risk!
Re-source today with Biznis Resource… the better, easier way!
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Re-source today with Biznis Resource… the better, easier way!