We listen and ask questions to gain a basic understanding of your particular situation and concerns. Where appropriate, we explain our collaborative, holistic business valuation and transition planning process and set a time to meet with you.
Gathering and Evaluation
If you wish for us to determine the attractiveness, readiness, and value of your business, we will quote a fee for this initial engagement and will request and evaluate tax returns, financials, corporate information and other business documents. Where appropriate, we will ask additional personal and financial questions as well as request subsequent supporting documentation and data.
Initial Assessment Visit(s)
Understanding the attractiveness and readiness of the business and owner is important to the planning process. We visit with you to conduct the following:
- Business Attractiveness Assessment
- Business Readiness Assessment
- Personal Readiness Assessment
- Financial Readiness Assessment
Analyze & Build the Business Valuation & Owner Assessments
An independent, fully compliant business valuation, by a firm with the proper credentials, is performed to determine a baseline value for a business that is planning for growth and/or a transition.
The valuation combined with the attractiveness & readiness assessments uncover realizations, options, choices and action plans that will lead to increased business value, cash flow and more personal time for the owner.
Presenting the Results
We take you step-by-step through the results of the Assessments and Valuation reports, identifying the gaps, concerns and opportunities. In addition, we review potential future ranges of value and pinpoint opportunities and threats to be addressed in the Future Vision, Enhancement Initiatives and potential Business Transition, each of which will be separate engagements. Together, we set the parameters, goals, fees, and timelines for the next engagement, the Future Vision.