Small Business Appraisal BC
Small Business Appraisals in BC
We Help Small Business Owners in Vancouver and across BC:
Determine Business Value. Create Business Value. Defend Business Value.
We provide professional and affordable small business appraisal services in Vancouver and across BC. We specialize in privately-held BC corporations and family-owned BC Businesses with a business value under 5 million. Get an affordable and accurate small business appraisal today!
Small Business Appraisal Services in BC
We Get Small Business Appraisals Right and Why it Matters?
A small business valuation is often needed to get third party or bank financing to buy or grow a business.
If you are selling a small business in BC a business valuation will help you get maximum value.
Before you spend your life savings on a business in BC get a small business valuation.
Who Can Benefit from a Small Business Appraisal?
Small Businesses Don't Sell in a Bubble
Small Business Appraisal is More than Numbers and Formulas.
Small business sales don't happen in a bubble, there are many factors that affect the value of a business in BC. In order to determine the accurate value of a small business many factors like need to be factored in. Like the state of the BC economy, local market conditions, unique industry trends, lending rates and ratios, and the other recent small business sales in the same industry. Both micro and macro appraisal methods need to be used to calculate an accurate small business value.
While financials, formulas and metrics are important when determining small business value, they rarely tell the whole story. So it's important to take a wholistic approach to small business appraisals that goes beneath and beyond the financials of a business.
This is where our experience and expertise shine. We take a multi-layered approach to small business appraisal. After all of the information is collected and analyzed. we run the number through our 'common sense' calculator to confirm that our conclusions are in line with everything happening the in local market and on a national scale.
What is My Small Business Worth?
Knowing what your business is worth is the key piece of information you need to complete retirement planning, strategic planning and if the time is right to sell your small business.
We can tell you what your small business in Vancouver or in BC is worth so you can make wise decisions and plan for your future.
Our Small Business Appraisal Services are:
A small business valuation is often needed to get third party or bank financing to buy or grow a business.
If you are selling a small business in BC a business valuation will help you get maximum value.
FREE Consultation with a BC Small Business Advisor
Send Us an Email!
We are easy to talk to so don't hesitate to get in touch with us about your small business.
We support small business owners in Vancouver and across BC that represent most industries in the province.
We specialize in businesses that generate between $500,000 and $5,000,000.
But if your business generates sales that are higher or lower we can still help you.
Please contact us to schedule a Free conversation.
Small Business Appraisals are based on a complex set of methodologies and industry standards as well as market indicators. The skill and experience of the business appraiser is also a key factor in getting business value right.
The purpose of a business appraisal is to determine what a Buyer would pay for your business in an open market. For most small business and the lower end of mid-market companies, a business appraisal is based on arriving at the
Fair Market Value.
There are three generally accepted methods to valuing a small business:
How to Determine the Value of My Small Business?
The ASSET Method
The Assets of your business, minus any liabilities are considered the value of a business. There are numerous ways to determine the Asset value. This method is generally used for businesses that are not generating profits, or deemed to be a ''going concern" business. In most cases, the Asset Method does not accurately reflect the value of a business that is generating positive earnings.
The MARKET Method
Similar to the way real estate is valued, the Market Method compares your company to similar companies in your industry and geographical area. Business Brokers have access to databases to find details about what like businesses to yours have sold for. We compare gross sales and earnings of those businesses to your business. The Market Method is a useful and strong indicator of your businesses value.
The INCOME Method
The Value of your business is determined by the income stream that it will bring to a buyer. This method uses past and current earnings to predict future earnings. The assumption is that the buyer will maintain the current income levels as steady past earnings are a reasonable indicator of what the future earning probability of the business will me. Generally formulas are used that multiply earnings to get a value.
The methods above are provided in the simplest form possible. Within each method, there are many sub-categories and appraisal techniques depending on the size of your business and the industry that your business operates in.
If your business is generating profits, there is a good chance that the primary method of valuing your business will be the Income Method, and the Market Method will be used to confirm the findings of the Income Method.
Nothing Kills a Deal Like A Bad Small Business Appraisal.
Getting Business Value Right Keeps a Business Deal Alive.
All to often we see either a Buyer or a Seller have an incorrect perception of the value of a business. And all too often this perspective will kill a business deal costing both the buyer and the seller wasted time and money.
We help buyers and sellers get on the same page and provide an impartial report on small business value. This provides both the buyer and seller a useful tool to use to find common ground on price and negotiations.
A business appraisal report all gives third party lenders confidence that the business is a good risk. Securing third party financing is equally important to a buyer and a seller so both should work together to agree on the appraisal and value of the small business.
Small Business Appraisal Services in Vancouver
Our Small Business Appraisal Services in Vancouver starts by reviewing your financials, starting with your previous three year-ends, and your current year to date financial reports. But we go deeper and farther than just providing a financial analysis. We know how the real world works and how businesses are valued in actual market transactions.
We take the time to understand you and your business. What makes it unique. What are its value drivers. How is your business positioned in the marketplace and how do the current economic factors affect the value of your business if you were to sell it today.
We give you an accurate picture of what the current market value of your business is. We provide the Fair Market Value (FMV), the Most Probable Selling Price and a range of pricing options to fit your exit strategy, timing and other goals.
In the end, you have confidence and peace of mind knowing that you have the most accurate information and data at your disposal so you can make a sound decision.
