With the disruptions caused by COVID-19, many owners are left wondering if now is a good time to sell their business. Strong companies that excelled through the pandemic have been getting most of the action lately, but buyers are expected to begin bargain hunting now that things are returning to normalcy. The dip in inventory […]
Selling Your Business Post-COVID Read More »
You dreamed it, you built it, and one day it will be time to cash out. Learn how to make your business attractive to future buyers and what to expect throughout the selling process. 1. It’s Never Too Early for a Consultation Whether you’re still going strong or starting to get the first thoughts of
The 10 Step Guide To Selling Your Small Business Read More »
1. Ugly Books – lack of prep, no paper trail, low sales Your company’s paper trail is what is going to make or break the deal. Ideally, the books have been nice and tidy for the last few years but we know that’s not always the case. Do some housekeeping if necessary. At the very
The 7 Deadly Sins of Selling Your Business Read More »
Typically, one of the first questions we get asked by business owners is “What’s my business worth? There are many different variables (tangible and intangible) that are considered when calculating the listing price including current financial performance, overall business model, profit margin ratios, profitability trends, growth potential, and competitive landscape to name a few.
RBC will analyze your financial statements and recast the P&L to include any addbacks in order to arrive at the seller’s discretionary earnings (SDE). The SDE is used in conjunction with an earnings multiplier to arrive at a valuation range.
