Business Brokerage

The day to day running of a business can swallow up all the available energy the business owner and proprietor has – and this is a problem. There are other matters that need to be attended to, matters which have an impact on the business from a longer-term perspective. Something that many business owners fail to do is get a full understanding of the business’s valuation. This might not seem like something you need to know about unless you’re planning on selling your business, but there are impacts that extend far beyond that. To have a reliable valuation carried out, you’re going to need the assistance of a professional business valuation service – and that’s where we enter the picture. At Heritage Solutions, we’ve been providing first-class business valuation expertise for many years now, and we’re not about to slow down any time soon. Learn more about the business valuation and business brokerage services we provide by reading on below, or reach out to our customer service representatives as an alternative.

 

What is a Business Brokerage?

In the most simple terms, a business brokerage assist clients with selling their business.  We act like a real estate agent selling a home or other property. As a business broker we help with multiple aspects of the business to the determine the fair market value of the business and assets.  Generating the business valuation is the process of determining the total economic value of a business – and all of its assets. A business valuation can be used to understand the fair value of a business, and this is carried out for a variety of reasons. It can be hard for business owners to be entirely objective about the value of their own business, so for the most part, they turn to professional business valuation services to carry out these calculations. There are a number of different ways of carrying out a business valuation, depending on the specific situation.

 

Buying a Business

For many reasons, you need to know everything possible about your business’s assets. Partly, this is so that you can know where you might need to invest more in your company, but it’s also important for insurance purposes. If you under-insure your business, you stand to lose thousands of dollars. It can be a struggle to tally up the various assets of the business, as many of these items might not come to mind. This is yet another reason why a professional evaluation service is the best choice.

 

Selling a Business

There’s no guarantee that you’ll want to own your business indefinitely. While that could be the case, there’s also a strong chance that at one point or another, you might want to sell your business. Knowing the full value of your business – including all assets that you’ve spent on over the years – makes sure that you won’t lose money when you sell the company.

 

Business Valuation

You've spent days, weeks, months or even years growing your business.  But can you see clearly what your business is actually worth.  A business valuation gives an objective estimate of the value of your business.  The value of your business also takes into account your assets, debts, and liabilities and assigns a monetary worth.  It is important for both buyer and seller to have a fairly accurate idea of what the business is worth so that you can sell your business, when desired, to someone who it willing to buy it.  We can help you take into account all of these details and reach an accurate business valuation for any company.

 

Exit Strategies

It could be that you’d like to attract some attention for investors, giving you the chance to channel more money into your company for expansion or development. This is sound, in practice, but investors are only going to pay you any attention if they can get a comprehensive insight into the value of the business. Again, a business valuation becomes a must in order to grow your business and develop an exit strategy.  These strategies can include selling your business, releasing your business to an executive as well as other solutions.

Understand Company Assets

Business assets are items or intellectual property that have value that are owned by the company.  Assets can range be office furniture, computers, vehicles, real estate and any tangible good.  It can also be intellectual property such as recipes, formulas, methods or manufacturing information.  Understanding your company assets is extremely important when you are making financial and personnel decisions.  Your company assets can have a major impact on your business valuation as well as your selling price for your company.  At Heritage Solutions, we can take the time to help you understand the assets that your company holds.  An outside perspective is sometimes eye opening.

Consider Resale Value

Resale value includes items, goods or services that are purchased then sold again for many reasons. These can include "white label" services, used equipment or anything intellectual or physical property that still holds value.  Knowing the resale value of various services and assets can significantly impact the sale, business valuation or exit strategy of your business.

Assessing Investors

Finding the right people to invest in your company is pivotal.  Investors in your company are a great benefit because they do not require a monthly repayment like a loan does.  Investors are also important because they can serve as business consultants, strategists and can broaden your scope of networks.  Talking with your investors and knowing the value that they bring as well as their and priorities is important to a mutually beneficial partnership.

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