There are many reasons business owners may need to know the value of their business. It is important however, to ensure you are receiving a valuation that is based on justifiable methodology which will stand up to buyer advisor scrutiny at due diligence stage.
Using our free valuation service will provide you with an indicative valuation of your business as it’s positioned today. The reason it’s indicative is because it is based purely on the initial financial information you provide; typically 3 years accounts. There are many factors that can alter the value such as “addbacks”, niche market or market position, longevity, management experience, established workforce, framework contracts to name a few.
Futuristic forecasts supported by historic growth, coupled with a strong order book and client base often command a higher ratio to your EBITDA. This then increases interest in your business and adds value.
We believe every business owner should know what their business is worth! You may not have any plan to sell right now or even in the next 5 or 10 years, but at some point you may need to refinance, restructure, or God forbid you may suffer an illness that changes your planned direction. Being on top of your current value allows you to plan for all scenarios ensuring your family are financially secure which, after all, is why we all start on this journey.