Opinion of Value (OV)
The first step in transferring a business is to create an Opinion of Value also called a valuation.
Valuing a company is a complex task. Different methods exist that focus on different aspects of a business exit. Getting two parties to agree on a transaction that benefits both, is the most important result.
Best Exit has performed many business valuations. We offer a comprehensive and advanced report that outlines your current business value and gives you detailed suggestions on how that value can be increased.
Whether your business is an average performer or best in its class (see bell curve on the right), how your business is valued – and how it can be improved – is the most important factor.
Our free quiz provides you with insights into how valuations are affected by risk and future earnings.
How Attractive is Your Business?
The relative attractiveness of your business to a potential purchaser will impact your overall valuation. The higher you score, the higher is the likely value of your business.
We offer a free online quiz that will show you how attractive your business currently is to purchasers.
Are you Personally Ready to Exit your Business?
What does it mean to be “exit ready”? It is a state of fact, not a state of mind. It is not the decision to sell, but being prepared and knowing one’s available options. See table Transition Options.
To discuss these options please contact us!
Get Started Today!
Once you completed the Interactive Valuation Calculator, we recommend you schedule a complimentary phone appointment so we can assess your specific business requirements and define your goals and parameters for an exit strategy that best fits you and your company’s needs.